Ice-cream parlours facing a meltdown over 18% GST levy

Economic Times

Levy of 18% goods and services tax on ice-cream supplies with retro effect from July 2017 has led to a near meltdown for thousands of ice-cream parlours, most of which are small businesses.  With businesses having faced the wrath of Covid-19 pandemic, leading to shutdown of many over the past year and a half, ice-cream manufacturers have reached out to the finance ministry for freezing the le…

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