Eating out at restaurants may get cheaper as GST Council's decision to lower the tax rate to a uniform five per cent from 12 per cent on non-AC restaurants and 18 per cent on air-conditioned ones comes into effect on Wednesday.

Currently, air-conditioned restaurants levy a charge of 18 per cent on food bill and non-AC restaurants levy 12 per cent tax. ALSO READ: Icra hails 5% GST rate on AC, non-AC restaurants The council said the restaurants did not pass on the input tax credit (ITC) to customers and so the ITC facility is being withdrawn and a uniform five per ...