by Arti Agarwal
in Economics
Restaurant bills to attract 5% GST from November 15, no tax credit for eatery owners
The GST Council has decided that all restaurants will not attract GST at a rate of five per cent and will not be extended any input tax credit. Effectively, it will be a universal composition scheme in the restaurant sector, said Finance Minister Arun Jaitley during a press meet after the Council meet today. The […]