New Delhi, April 3 -- Do you love to eat out often? Remember that the latest rates of Goods and Services Tax (GST) took effect on April 1. As per the new rates, customers may have to pay either 5 per cent or 18 per cent based on where the restaurant is located and whether it is part of 'specified' premises or not. Here are the details.

1. When it is a standalone restaurant: The GST rate of 5 per cent will be applicable. There will be no input tax credit (ITC) available.

2. When it is located on hotel premises.

A. Qualified as specified premises: When it is qualified as specified premises, the GST rate of 18 per cent will be applicable.

B. Not qualified as specified premises: When it is not qualified as specified premises, the GST rate...