The GST Council on Thursday kicked off its two-day meet in Guwahati. Photo: PTIGuwahati: The Federation of Hotels and Restaurants Association of India (FHRAI) on Thursday said the body met with GST Council members, including state finance ministers, to press for rationalisation of tax rates for the industry. “We have met the GST Council, which was represented by the union revenue secretary Hasmukh Adhia. The association is seeking reduction of goods and service tax (GST) to 12% on all categories of restaurants from the differential rates of different segments, he added. “We also heard a news that GST Council was planning to remove the input credit system for the restaurants.

Source: Mint November 09, 2017 12:00 UTC