News
GST on restaurants 5% or 18% or both? There’s one clause about eating out you must know
- Date:
- August 29, 2018
- Source:
- Financial Express
GST on restaurants 5% or 18%? There’s one clause about eating out you must know (Image: IE) It’s been nine months since the Goods and Services Council (GST) Council brought down tax rate on restaurants/eateries to 5% irrespective of the fact whether a place air air-conditioned or not. However, there’s one clause that can make you pay 18% tax on eating out. The GST Council left no ambiguity in maki…