express your views about the implications of higher GST on ice cream industry in India.
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Views about the implications of higher GST on ice cream industry in India are as follows:
- It is eighteen percent GST applicable on ice-cream.
- With some snacks, one is running an ice-cream parlour, this can be treated as restaurant service, under Consumption scheme includes five percent GST.
- From health point of view, ice-cream is considered as 'high risk' product.
- Such business is preferred to be kept in lower threshold category.
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