GST Rate For AC And Non-AC Restaurants May Be At Par At 12%

The GST rates are likely to be at par at a lower slab rate of 12% for both ac and non-ac restaurants.

As per current GST rules in force, currently AC restaurants and non-AC restaurants attract a GST tax rate of 18% and 12% respectively across the table. Further, GST panel that sat in for a discussion also considered lowering of the rate to a unified 12%.

GST Rate For AC And Non-AC Restaurants May Be At Par At 12%

Few of the premium restaurants with presence in 5-star or above rated hotels may still be kept in the 18% tax bracket. Initially the GST rate implication was kept at a higher slab rate of 28% which was then reduced to 18%.

Also, there exists a confusion over tax rates for restaurants that offer both AC and non-AC dining space. The final call on the agenda shall be taken on November 9 meet of the Council at Guwahati. But the issue shall be discussed upon by the GST panel on October 29.

Goodreturns.in

More From GoodReturns

Notifications
Settings
Clear Notifications
Notifications
Use the toggle to switch on notifications
  • Block for 8 hours
  • Block for 12 hours
  • Block for 24 hours
  • Don't block
Gender
Select your Gender
  • Male
  • Female
  • Others
Age
Select your Age Range
  • Under 18
  • 18 to 25
  • 26 to 35
  • 36 to 45
  • 45 to 55
  • 55+