Friday, 10 November 2017

Eating out gets cheaper: GST for all restaurants has been fixed at 5 per cent

The GST Council has decided to cut tax rate for restaurants to a flat 5 percent, who don't claim Input Tax Credit. The new tax rate would be applicable to both AC and non-AC restaurants, except those in five-star hotels. Outdoor catering rate has been fixed at 18 per cent.

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