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Why restaurants have not slashed prices post GST rate cut
Rediff.com

Why restaurants have not slashed prices post GST rate cut

'If the consumer has to benefit on the pricing front, the rate cut will have to be tax efficient to restaurants.' The National Restaurant Association of India (NRAI) is likely to make a representation to the government over the next two days regarding the passing on of benefits of the lower Goods and Services Tax (GST) rates to consumers.   NRAI has the country’s top fast-food chains, among others, as its members. The government on November 10 had slashed the GST on AC and non-AC ... Rediff.com, 3 weeks ago
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