Dining at our favorite eating places is certainly one of many superb pastimes for meals lovers. We like to savour crowd-pleasing dishes in a relaxed atmosphere. However, if we examine how a lot we’re spending on eating places proper now versus ten years in the past, the outcomes might shock you. The Press Information Bureau of India has launched their weekly e-newsletter during which they analysed the financial savings on a restaurant invoice. They confirmed calculations of the restaurant payments within the pre and post-GST (Goods and Services Tax) eras, the outcomes have been fairly attention-grabbing. Take a glance:

In its newest version of New India Samachar, the federal government shared an image evaluating taxes on restaurant invoice of 1,000 earlier than and after GST. 👌👌👌

It was required 👍 pic.twitter.com/whh2d5kbtR— Naren Mukherjee (@NMukherjee6) March 24, 2023

Also Read: ‘Pizza’ Trends On Twitter After Pizza Toppings Said To Attract 18% GST

Shared on March 24, 2023, this article was shared on Twitter by the Press Information Bureau of India. “One country, one tax system has made eating in restaurants more affordable,” they wrote within the New India Samachar. They claimed that financial savings of round Rs. 150 may now be availed by shoppers on each restaurant invoice of Rs. 1000 due to the GST regime.

In the month of January, a ruling by GST Authority for Advance Rulings revealed {that a} 5% charge can be relevant for dine-in, takeaway and door-step deliveries by standalone eating places. So, as per the calculation, within the 12 months 2014 or pre-GST, a invoice of Rs. 1000 at a restaurant really totalled as much as Rs. 1303.5, together with 10% service cost, 6.5% service tax, 14.5% VAT and 0.4% of cesses together with Krishi Kalyan Cess and Swachh Bharat Cess. Meanwhile, after the GST ruling, there was merely a service cost of 10% and a flat charge of 5% for GST. This introduced the overall quantity of the invoice to simply Rs. 1,155. Thus, financial savings of almost Rs. 150 may very well be loved by the buyer as per the federal government report.

Also Read: Service Charge At Restaurants: All You Need To Know About The Ongoing Debate

What do you concentrate on the report by PIB? Do you suppose consuming in eating places has turn into cheaper? Tell us your ideas within the feedback beneath.

About Aditi AhujaAditi loves speaking to and assembly like-minded foodies (particularly the sort who like veg momos). Plus factors if you happen to get her dangerous jokes and sitcom references, or if you happen to advocate a brand new place to eat at.