No benefit passed on to customers by restaurants after GST rate reduced:survey
24 November 2017
The Goods and Services Tax (GST) Council in its 23rd meeting held on November 10 had announced that meals at restaurants, both air-conditioned and non-air-conditioned will now attract only five per cent GST, which is much lower than 18 percent that had earlier applied to air-conditioned restaurants. In a survey conducted by LocalCircles to check if the restaurants are passing on the reduced GST benefit, 78 percent users responded in the negative and said that they are not receiving any benefits of the lower GST rate.
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