Reduction in GST from 18% to 12% for restaurants will make eating out more expensive: NRAI

Industry body National Restaurant Association of India (NRAI) has said that eating out will get more expensive if the government goes ahead with the proposal of reducing GST rates from 18% to 12% without input credit claims. As per recent media reports, the government is considering bringing down the GST rates to 12% from 18%. According to reports, the group of ministers is expected to ascertain i…