{"id":109932,"date":"2017-10-29T20:14:23","date_gmt":"2017-10-29T14:44:23","guid":{"rendered":"http:\/\/greattelangaana.com\/english\/?p=109932"},"modified":"2017-10-29T20:14:23","modified_gmt":"2017-10-29T14:44:23","slug":"ac-to-be-cheaper","status":"publish","type":"post","link":"https:\/\/greattelangaana.com\/english\/ac-to-be-cheaper\/","title":{"rendered":"AC to be cheaper"},"content":{"rendered":"<p>The Group of Ministers set up to make GST composition scheme more attractive on Sunday suggested lowering tax rates for manufacturers and restaurants under the plan to 1 percent.<\/p>\n<p>At present, while manufacturers pay GST at 2 percent, the rate for restaurants is 5 percent. Traders currently pay 1 percent.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-109933 aligncenter\" src=\"https:\/\/greattelangaana.com\/english\/wp-content\/uploads\/2017\/10\/himanta-biswa-sarma-759.jpg\" alt=\"     AC to be cheaper \" width=\"570\" height=\"317\" \/><\/p>\n<p>The GoM headed by Assam Finance Minister Himanta Biswa Sarma has also suggested doing away with the tax rate distinction between AC and non-AC restaurants, those which are not covered under composition scheme and tax them at 12 percent.<\/p>\n<p>It also suggested that hotels which have room tariff of more than Rs 7,500 should attract 18 percent tax rate.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Group of Ministers set up to make GST composition scheme more attractive on Sunday suggested lowering tax rates for manufacturers and restaurants under the plan to 1 percent. At present, while manufacturers pay GST at 2 percent, the rate for restaurants is 5 percent. Traders currently pay 1 percent. The GoM headed by Assam [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":109934,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,2],"tags":[56349,56350,9565,2354,15243,10080],"class_list":["post-109932","post","type-post","status-publish","format-standard","has-post-thumbnail","category-politicalnews","category-top-stories","tag-ac-to-be-cheaper","tag-finance-minister-himanta-biswa-sarma","tag-gst","tag-ministers","tag-restaurants","tag-sunday"],"jetpack_featured_media_url":"https:\/\/greattelangaana.com\/english\/wp-content\/uploads\/2017\/10\/t44.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/posts\/109932","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/comments?post=109932"}],"version-history":[{"count":0,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/posts\/109932\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/media\/109934"}],"wp:attachment":[{"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/media?parent=109932"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/categories?post=109932"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/tags?post=109932"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}