New Delhi: The much feared chaos and disruption predicted by experts has not materialised on day 3 of the Goods and Services Tax (GST) regime. There is, however, confusion about how to tax various goods and services among retailers and customers. Consider the following instances that were gleaned by News18:
- Department stores and food retailers have modified their invoices to show the GST amount, but there are a lot of errors in the bills. For instance one consumer was taxed 40% for a can of juice (the actual rate is 12%).
- It is unclear whether alcohol served at restaurants be taxed? Although 'Alcohol for human consumption' has been left out of the GST net, alcohol served at restaurants is a service, which comes under GST.
- If you buy food at a food court in a mall, will it be subject to tax at a rate applicable in a restaurant?
And We thought GST replaces all tax. VAT and GST charged. Guess who has to pay the price? #GSTForCommonMan #HalfCookedGST pic.twitter.com/5XB0uvYzh8? Keerthi (@realkeerthi) July 3, 2017
@arunjaitley is VAT justified after #GSTeffect. No clarity yet. pic.twitter.com/DZr3wdalVl? Shivaji Raj Dubey (@shivaji_rd) July 1, 2017
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