Rate of composition in case of activity at a restaurant or a
This query is : Open
03 July 2012
Dear Experts,
Rate of composition in case of activity at a restaurant or as outdoor catering:
a. In case of Restaurant, pay service tax on 40% value.
b. In case of Outdoor Catering, pay service tax on 60% value.
In both the cases, service provider is eligible to avail CENVAT Credit of inputs (except goods classifiable under Chapters 1 to 22 of CETA), input services and capital goods.
1.Could you please elaborate the following amendment?
2. In what situation Cenvat Credit will be available?
Kindly give yours suggestions.
Rate of composition in case of activity at a restaurant or as outdoor catering:
a. In case of Restaurant, pay service tax on 40% value.
b. In case of Outdoor Catering, pay service tax on 60% value.
In both the cases, service provider is eligible to avail CENVAT Credit of inputs (except goods classifiable under Chapters 1 to 22 of CETA), input services and capital goods.
1.Could you please elaborate the following amendment?
2. In what situation Cenvat Credit will be available?
Kindly give yours suggestions.
03 July 2012
3. What is inculded in Chapter 1 to 22?
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