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Restaurants hike prices after GST cut, but govt says it can do little

India Food Forum - 2023 > FOOD SERVICE > Restaurants hike prices after GST cut, but govt says it can do little

Restaurants hike prices after GST cut, but govt says it can do little

November 17, 2017 | indiafood forum | FOOD SERVICE

Consumers at fast-food chains across the country may not be able to enjoy the full gains of the lower GST rate of 5% that kicked in from Wednesday as many restaurants are raising menu prices, citing the government’s decision to withdraw credit for taxes paid on raw material and rent…READ MORE