Goods and Services Tax (GST) has revolutionized the way goods and services are taxed in India
Goods and Services Tax (GST) has revolutionized the way goods and services are taxed in India, and food in restaurants is no exception. If you’ve ever wondered how GST impacts your dining experience, you’re not alone. Let’s break it down to help you understand the nuances of GST on food in restaurants.GST is a single tax that replaces multiple indirect taxes previously levied by the central and state governments. It was implemented on July 1, 2017, with the aim of simplifying the tax structure and enhancing compliance. Under GST, there are different tax rates applicable to various goods and services, including food.