Eating Out Or Takeaway: How GST Will Affect Your Restaurant Bill

Since the roll out of the new Goods and Services Tax (GST) regime, customers and business owners are getting accustomed to the new taxation rules and registering under the indirect tax regime to claim input credits. According to the rules, GST on eating at 5-star hotels has become slightly more expensive but the tax rate on takeaways has led to some confusion, prompting the Central Board of Excise and Customs (CBEC) to clarify the is...