Effect of VAT and Service Tax on Restaurant Bills

CA. Ramya C , Last updated: 06 December 2014  
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The Indian restaurant industry is worth Rs.75, 000 Crores and is growing at an annual rate of 7%. The industry is highly fragmented with 1.5 million eating outlets. We are so pleased with the food in such outlets, that we dont realize how much we defray for the bill. We end up paying inflated

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CA. Ramya C
(Chartered Accountant)
Category VAT   Report

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