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Tax slabs under new indirect tax regime: Services by GSTN to Centre, state govts to be exempt, too
All other service tax exemptions will be continued under the indirect tax regime, which is proposed to be rolled out from july 1. Only five categories of services have been classified under 28 per cent tax slab. Services pertaining to entertainment events, amusement facilities, sporting events such as ipl race club betting, 5-star or above rated hotels will invite a tax rate of 28 per cent.
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