Eating out may get cheaper as government plans flat 12% GST on all restaurants

Eating out in air-conditioned comfort could get cheaper if a proposal to fix the goods and services tax (GST) at a flat 12 per cent on all restaurants is adopted by the GST Council. But this could also mean them losing the benefit of input tax credit. Air-conditioned restaurants currently charge 18 per cent GST and non-air-conditioned ones charge 12 per cent GST. Unifying the rate may mean giving…