Gst on Restaurant
ram jain (21 Points)
27 February 2018
restaurant selling cold drinks attarct 5% without itc or he is liable to pay 28%+cess
2 Replies
Mr. Singh
(497 Points)
Replied 27 February 2018
You will charge 5%under composition scheme or pay 28% +cess under normal scheme
Mr. Singh
(497 Points)
Replied 27 February 2018
Sorry for correction Under composition you will not charge from ur customer under composition scheme u have to pay 5 % of ur turnover to govt. and under normal scheme you will charge 28% from ur customer
Recent Topics
- Avoiding tax audit in case of intraday equity loss
- Form 3CEAB
- Form 3CEAA and Form 3CEAB
- DIR 3 Web KYC
- Can i declare LTCG income as business income if I
- Stock entry in new software
- I have an EMI collection shop, what is its SAC cod
- Making payment once in quarter possible under QRMP
- Master File Documentation related
- Applicability of 44AD needs clarification
Related Threads
CAclubindia
