Changes in GST w.e.f 15/11/2017

Changes

 

5 Important changes with effect from 15th November 2017 pursuant to the decisions taken in the 23rd meeting of the GST Council at Guwahati.

 

  1. Eating out will be cheaper (Standalone Restaurants Only) – 5% will be the GST irrespective of whether the restaurant is Air Conditioned or not. Input tax cannot be claimed. 
  2. For Restaurants in hotel premises the GST rate will be 5% provided that the room tariff doesn’t exceed Rs.7500 per day.    Input tax cannot be claimed.
  3. For Restaurants in hotel premises where the room tariff exceeds Rs.7500 the the GST rate will be 18% however Input tax can be claimed.
  4. For Outdoor Catering the GST rate will be 18% with full Input tax credit.
  5. GST on admission charges to protected monuments will be exempted.
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