13/03/2013
Service Tax on AC restaurants proposed: Union Budget 2013-14
Thursday, February 28, 2013, 14:15 Hrs [IST]
By HBI Staff | Mumbai
P Chidambaram, Minister for Finance, Government of India in the Union Budget 2013-14, presented today in the Parliament, proposed to levy Service Tax on all Air Conditioned (AC) restaurants. At present, Service Tax does not apply to AC restaurants that do not serve liquor. But considering this distinction to be artificial, Chidambaram has proposed the uniformity of service tax for the two, according to a PIB release.
