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Will Eating Out Become Cheaper? GST Council To Review How Restaurants Are Taxed
There is a hint at possible reduction in tax on restaurants across India as in the GST Council meeting on Friday, in New Delhi, Finance Minister Arun Jaitley along with other finance ministers will revisit the tax on restaurants.

According to Arun Jaitley, currently restaurants, with turnover of 1 Crore with AC, charge 18 percent GST. Further Arun Jaitley exuded hope as he mentioned about possible relief to Air – Conditioned restaurants as the group of ministers are churning out the possibility of GST coming down from 18 percent to 12 percent.

Another thing noted by the GST council, according to Arun Jaitley, is that restaurants were not passing on the benefit of input credit that they received to the consumers.

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