All the headlines in papers and news and whatsapp forwards are trumpeting this point while coveniently ignoring the point that input tax credit is now discontinued.restaurants are now taxed at 5%. down from 12/18%. but this does not apply to restaurants in Hotels where room rent is above 7500 from what i read which is again bakchodi.
also. restaurants cannot claim input tax credit. so they are now going to increase prices which means customers would most likely be paying around the same money for the same food.
People have been predicting this and asking for more time for testing the GST network which they didnt get. As expected, errors and errorsClearly Government is not at all prepared for this. They couldnt just predict the mess it can create and how to overcome it