Dear Sirs,
I am hotelier opt for GST registration is Composition scheme.
I collect the GST 5% or not
Not ITC claimed
Please confirm sirs
Thanks in advance
Menu
GST Composition Hotel Restaurant
Replies (2)
AS YOU HAVE OPTED COMPOSITION SCHEME,THEN YOU CANNOT ISSUE AND COLLECT TAX FROM CUSTOMERS. YOU HAVE TO PAY TAX ON TURNOVER @ 5%
Cannot collect GST from customer
Cannot claim ITC
Charge GST on turnover
Cannot claim ITC
Charge GST on turnover
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