GST on AC, non AC restaurants reduced to 5 percent
November 11th, 2017
The GST Council had previously pegged GST rates for air-conditioned eateries and those with liquor licences at 18%, and non-air-conditioned restaurants at 12%. During 23rd GST Council meeting held at Guwahati, Assam, the GST Council slashed rates for both air conditioned and non-air-conditioned restaurants to 5% without input tax credit (ITC). Background Fact:- Federation of Hotels & Restaurants Association of India (FHRAI) – President- Garish Oberoi requested the GST council members to either bring down the GST rate on restaurants to 12% with input credit or 5% without input credit.