GST Rates

Several daily food items are set to get more expensive owing to the 47th GST Council meeting’s decision to lift the tax exemption on some pre-packaged and labelled items.

Despite the rules being in place, there have been several restaurants who to keep their profits high have increased their menu prices post the GST slashing, thereby hardly reflecting any change in the bills that burn a hole in the pocket of those eating out.

"There was unanimity that in 28 per cent category there should be only sin and demerit goods. So, today the GST Council took a historic decision"