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

The plea stems from the fear of getting notices asking them to pay the higher levy retrospectively from July 1, 2017 - when India moved to the GST regime - instead of the 5% they paid till now. If levied retrospectively, the amount will be huge and unsustainable for these businesses.

from Banking/Finance-Industry-Economic Times https://ift.tt/3nqcQrW