tax on rich and luxury goods will
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139
Answer:
Five-star restaurants will have to impose a luxury tax of 28 per cent.
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4. Luxury Tax Rate.
Room Tariff per night (INR) GST Applicable
Greater than INR 2500 but lesser than 7500 18%
Greater than INR 7500 28%
Explanation:
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Luxury tax, excise levy on goods or services considered to be luxuries rather than necessities.
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