Lower GST rate on restaurant is actually not low; here’s how it hurts

There have been several changes in the Goods and Services Tax (GST) rates applicable to restaurants and the eligibility conditions, after its introduction in July 2017. While at the stage of GST introduction, a distinction was sought to be made between AC and non-AC restaurants with rates of 18 per cent and 12 per cent respectively, this was altered after four months. Since Nov…