Since 2018, hoteliers have been vocal about their concerns that this tax variation is causing a decline in restaurant footfall, as customers opt for standalone restaurants to leverage tax advantages.
The key to flourishing is not just in the quality of food but in the art of personalization. As customers increasingly value experiences tailored to their unique tastes, restaurants embracing this trend are setting new standards in customer satisfaction and loyalty.
The key areas of focus include the restoration of the GST Input Tax Credit, reinstating the Service Export from India Scheme, establishing a dedicated Food Services Ministry, according to industry status, reducing GST on eco-friendly materials, addressing GST on commercial rentals, rationalising licences and NOCs.
The awards night was attended by the top leaders including Amar Ohri of Ohri's, Shashank Annumula of Cafe Niloufer, Teja Chekuri from Ironhill India amongst others. The awards night was also blessed by the presence of Shri Jayesh Ranjan, Secretary, IT&EC, Govt of Telangana and Shri Meela Jayadev, President, FTCCI.
In a dynamic industry like food and beverage, continuous innovation is essential to stay ahead of the competition. And, Entrepreneurs must remain passionate, avoid complacency, and stay alert in the ever-evolving restaurant business landscape.
Established in 2014, Burma Burma (Hunger Pangs Pvt. Ltd.), is the brainchild of restaurateurs and childhood friends, Chirag Chhajer and Ankit Gupta, with nine restaurants across Bangalore, Delhi NCR, Mumbai, Kolkata and now Ahmedabad.
The interior design of the restaurant is by the prolific London based Russell Sage Studio who worked closely with EHV's Design Director Rohini Kapur and Director Development Vikas Bhasin, who handled the project build from design to opening stage.
Although the prices of tomatoes have skyrocketed and restaurant owners have no idea how long it will last, they are still trying their best so that it does not affect their standard of service and serve customers their favorite dishes at affordable prices.
While longer operating hours can stimulate the nightlife, it's essential to address safety and security concerns along with additional service staff cost.