The Central Board of Excise and Customs (CBEC) on today notified that standalone restaurants are liable to pay CGST @ 2.5% whereas other restaurants would pay GST @9%.
The 23rd GST Council meeting held at Assam had decided to levy five per cent GST on standalone restaurants without allowing them input tax credit.
The notification issued today also reduced the rate of job work on “handicraft goods” @ 2.5%.
The Notification also substitute “Services provided” in item (vi) against Sl No. 3 in table.
The new rates are applicable from today.
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