Ice cream sold at parlours will be taxable at 18%: Finance Ministry

Unlike food cooked and served at restaurants, ice creams sold at parlours are manufactured items and are therefore taxable at 18%, the finance ministry said in a set of clarifications issued.

The clarifications are based on decisions taken in the federal tax body, the Goods and Services Tax (GST) Council. These cover eight issues including services of cloud kitchens, satellite launch services, grant of mining rights and services relating to contract manufacture of liquor.

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