Suggestion: One INDIA, One VAT & One Service Tax -
Benchmarking Europe, Europe have no of countries but behaving like one We talk about one India but why does VAT changes from state to state it should be common nation wise bench mark the Europe Clarity in product and service, Service tax should not be imposed on product. It is for service VAT bring in force to remove the middle people but it is misused by state government What is the meaning of VAT Value Added Tax in Food Item or restaurant Food? Un-clarity of Service meaning in restaurant. Restaurant owner charging Service tax + VAT + Service, This is big source of Black money. Restaurant Framework needs to be establishing for Restaurant food. Taxes I have seen many kind of manipulation due to un-clarity in tax rules in the name of service Restaurant owner charging unnecessary charges and big source of black money. 1. Service Tax 4.8% (in few places 4.94%) 2. VAT- 12.5% (In Noida 14%) 3. Search Charge 5% 4. Education Cess 5. S & H. Edu. Cess 6. Service 7. Tip Restaurant Segment frame work need to be redefine