The GST Council had lowered the tax rates on restaurants to 5 per cent, without ITC, effective November 15. The tax rate was 18 per cent earlier, but the companies could claim credit on taxes paid on the inputs.
from food-entertainment - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/2zEzYM0
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