GST in AC restaurants

New Delhi, October 17: As we knew that, The New Tax regime has been rolled out from July 1, 2017, from this many of the opposition, has fought with the ruling Govt BJP.

Earlier, GST Council reduced the GST from 12 percent to 5 percent on Job contracts where the material component was less and labor component is more than 25 percent in Telangana State. Now the govt has reduced the GST on AC restaurants.

The government is reportedly planning to slash Goods and Services Tax on air-conditioned restaurants in November. Earlier, The consumer complaints about rising restaurants bills since GST rollout in July earlier this year. From this the govt has taken a decision to reduce the Tax