The jury is still out on whether eating out has gotten cheaper after the GST Council's revision of the differential tax rates for restaurants -- from 12 per cent GST for non-AC eateries and 18 per cent for air-conditioned ones to a flat five per cent.
It might seem counterintuitive that such a cut in the levy of taxes might not translate to much relief for consumers but it appears menu prices at restaurants have risen to offset the loss of input credit. A few snaps of before and after restaurant bills have been posted on Twitter to show