Service in restaurants
This query is : Open
18 March 2015
I have read that in restaurants service tax is chargeable only on service charges and not on total food bill. Is it correct? If yes then kindly give reference to the relevant clause of the act so that I may keep the extract of the same with me and show it to the staff there. If some restaurant does not charge "service charge" in that case is any service tax is payable?
18 March 2015
Service tax payable on 40% value of food supplied in AC restaurants(assumed 40% as service). Service tax payable even if no service charge charged.
19 March 2015
How much would be the rate of Service Tax on '40% of the value of food served'?
19 March 2015
It is 12.36% on 40% of value of food served.
19 March 2015
Could you give reference of the clause no of income tax act? What is the value for non a/c restaurent?
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- Tds on building rent monthly
- Event company query
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
Trending Online Classes
CAclubindia
