Latest posts by Jayanth NarayananGST rates for restaurants has been a hot topic over the last few months. The government is of the opinion that restaurants have not passed on GST benefits to customers and have used GST to increase their profits. Here is a quick summary of who will gain and who will lose. Detailed analysis is provid...
Posted on 11 November 2017 | 12:57 pm
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GST rates for restaurants has been a hot topic over the last few months. The government is of the opinion that restaurants have not passed on GST benefits to customers and have used GST to increase their profits. From the government's perspective they are correct. Restaurants (those who were earlier...
Posted on 11 November 2017 | 12:25 pm
Read postWith the GST roll-out effective July 1, the tax applicable on restaurant bills has been made quite clear. Yet customers seem to argue with the restaurant staff on rates applicable, especially for take-away and home delivery orders. I have provided below the specific clauses applicable and a copy of...
Posted on 11 August 2017 | 9:27 am
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