Gst rate is 5 18.
Birthday cake gst rate.
How should the gst s birthday cake be taxed.
Rates given below are updated as per 31st gst council meeting held on 22nd december 2018 to the best of our information.
The birthday cake interview was a famous interview in australia between reporter mike willesee and liberal party opposition leader john hewson shortly before the 1993 federal election hewson was unable to easily answer whether a birthday cake would cost more or less under his proposed tax reforms causing voters to reject the plan as overly complex.
So if the gst needs to increase is it best to raise the rate apply it to everything or both.
There may be variations due to government s latest updates.
It is remembered as the interview which.
Gst on bakery products such as cakes breads pastery pizza bread birthday cake is applicable.
The rate and the scope of gst a single national tax which replaces multiple indirect taxes are yet to be defined.
Against each rate please check the effective from date.
The gst is 20 years old but the man who gave birth to it says now might be the time to consider increasing it and he has support from the treasurer of the nation s most populous state.