McDonald’s India franchise drags government to court over GST credit

McDonald's franchise Hardcastle  Restaurants Pvt Ltd, has dragged the government to court over no input tax credit in the Goods and  Services Tax ( GST ) framework for restaurants. Restaurants are currently levied a 5% GST, but they can’t claim the input tax credit against the tax they paid on raw materials and other expenses like rent. GST rate on restaurants was slashed to 5% from 18%…