gst rate in composition scheme on tiffin services
GST rate in composition scheme on tiffin services
shweta thakur (CA Practice ) (81 Points)
12 July 2017
shweta thakur (CA Practice ) (81 Points)
12 July 2017gst rate in composition scheme on tiffin services
rocky
(accountant)
(948 Points)
Replied 12 July 2017
debi
(GM)
(70 Points)
Replied 12 July 2017
CA Saloni
(Manager-Accounts & GST Consultant)
(5124 Points)
Replied 12 July 2017
It may be construed as composite or mixed supply which is a service. Therefore no Composite scheme.
debi
(GM)
(70 Points)
Replied 12 July 2017
shweta thakur
(CA Practice )
(81 Points)
Replied 12 July 2017
CA Saloni
(Manager-Accounts & GST Consultant)
(5124 Points)
Replied 12 July 2017
CA Dhruv Maheshwari
(Chartered Accountant)
(24 Points)
Replied 13 July 2017
Yes, you may opt for composition as tiffin services are covered under Schedule II Para 6 Part (b).
"(b) supply, by way of or as part of any service or in any other manner whatsoever,
of goods, being food or any other article for human consumption or any drink (other
than alcoholic liquor for human consumption), where such supply or service is for
cash, deferred payment or other valuable consideration."
It is a supply of service and 5% rate shall apply accordingly.
shweta thakur
(CA Practice )
(81 Points)
Replied 13 July 2017
shweta thakur
(CA Practice )
(81 Points)
Replied 13 July 2017
shweta thakur
(CA Practice )
(81 Points)
Replied 13 July 2017
Sunil
(Trader)
(2611 Points)
Replied 13 July 2017
Better keep registration and opt for composition till 75 lakhs. Your consumers will have no problem dealing with you as they will not be subject to reverse charge mechanism.
debi
(GM)
(70 Points)
Replied 13 July 2017
shweta thakur
(CA Practice )
(81 Points)
Replied 13 July 2017
debi
(GM)
(70 Points)
Replied 13 July 2017
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