Asked to pay VAT while dining out? Understanding restaurant bills post GST

Sooner rather than later, restaurants are likely to pass on the benefit of overall reduced tax rates

The Goods and Services Tax (GST) is touted as an unparalleled tax reform impacting sectors across the economic spectrum and bringing in immense benefits to stakeholders and consumers. For the common man, what draws attention is the impact of the tax on the bills he or she encounters in his or her daily life, the dining or restaurant bill being one such example. 

Evidence of the same was seen on social media, which was flooded with selfies of the first mithai bills, restaurant bills, café bills, etc showing the new tax being levied as on July 1, 2017.

This radical