Rate of tax gst
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
22 June 2018
i am a regular dealer under gst, what is the rate of tax applicable on my sales of sandwiches, burgers, frenchfries etc
Is 5% tax applicable for both composition as well as regular dealers.
My purchases are usually in the 12% category, can i claim input tax credit.
Is 5% tax applicable for both composition as well as regular dealers.
My purchases are usually in the 12% category, can i claim input tax credit.
22 June 2018
5% whether or not under composition scheme. ITC not available
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Querist : Anonymous
Querist :
Anonymous
(Querist)
22 June 2018
Sir, is it possible to claim input tax credit and charge 12% on my sales
22 June 2018
no it is not optional . Since 15/11/2017 rate has been changed
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