In a very weird situation of GST which will be implemented very soon and to be precise in 11 hours from now, there are various places in our daily life where the GST will take a complete turnover in a matter of a minute. This minute a person is paying and relieving a different tax scheme and from another minute the complete story changes, into a new one.
Some of the first sectors which will be affected by the implementation of GST on the midnight of June 30 and will be affecting the pockets of the consumers on that very same minute. Those include:
Restaurants
While many people will be enjoying their treats in many hotels and restaurants having their dinner on the table right before the implementation of GST, there will be the sudden impact on the bills of food and orders mentioned. The bill generated after the midnight 12 o clock will be different of that earlier than midnight. The ripples will be across the nation and the current 6 percent VAT and service tax will take a form into GST into the billing.
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Taxi Services
Many of the population will be booking the taxi services close to the midnight hour, but it will also make a change in the billing in few minutes for them. One person booked a taxi in the 23th hour of Juen 30 will get a bill change when he will be paying the bill amount after deboarding the taxi in 1st July after the midnight.
Hotel Stay
The hotels will also be charging according to the newly implemented GST from midnight that means a check out after the 12 o clock on June 30 will b charged according to the new GST rates. While the case for advance payments will be different with no GST applied.
Online Shopping
All the online shopping will be subject to change in bills generated after the midnight June 30. As the GST will be applicable on the online sales, it is suggested that the items getting expensive after the GST should be ordered before the midnight of June 30 and must be checked out also.