Saturday 13 January 2018

What Is In Your Hand If Restaurant Overcharges Even After The GST Rate Cut

The government certainly reduced Goods and Services Tax (GST) rates on 178 items in the last week, but businesses are searching for some confusing ways to not transmit the profits to the customers. Here is the explanation of what is happening at restaurants to manipulate the consumers after GST rates were diminished. It has revealed that some restaurants, summing up the big brand names also, have surged the prices after the rates were diminished thus not providing the rate cut profits to the consumers. The brands such as Starbucks and McDonald’s have received queries from tax departments to explain about their menu prices just after and before the latest amendment in the prices.
So, apart from having a deep conversation with the management and failing in it on the overcharged prices on eaten food, is there any further proceedings to complain against them for profiteering in the name of GST? Before explaining the procedure, just have a look at the fresh rates applicable to the restaurants

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