Question

express your views about the implications of higher GST on ice cream industry in India.​

Answer 1

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.