Restaurants welcome GST cut in Mumbai

Mumbai | Saturday | 11th November, 2017

Summary:

Under the previous GST structure, non-AC restaurants charged 12 percent tax and AC restaurants charged 18 percent. The GST Council slashing tax rates for AC and non-AC restaurants to 5 percent has brought cheer to restaurant owners and customers in the city. “Reduction of GST rate to 5 per cent for restaurants has come as a pleasant surprise. We wish that the GST Council had considered that rent and interest attract 18% GST. Even ordering food home did not make any sense..