opting of composition and regular, for fy 18-19

No.

He has to go with regular scheme.

Yes, for both its same 5% without ITC....

Read: "The GST Council, in its 23rd meeting in Guwahati, had slashed the tax rate from 18 per cent to just 5 per cent. However, restaurants will not be able to take the benefit of input tax credit (ITC).

The new tax structure for restaurants, which is being implemented from November 1, comes days after the Finance Minister Arun Jaitley expressed his displeasure over eateries not passing on the benefit of input tax credit to restaurant-goers. "All members of the GST Council felt that input tax credit (ITC) to restaurants is not passed on customers. Goods and Service Tax (GST) was being charged on existing rates which put additional tax burden on restaurant goers. Thus, we decided that restaurant industry will not get the benefit of ITC," Finance Minister Arun Jaitley had said.

In the 23rd GST Council meet, tax rate for all AC and non-AC restaurants was fixed at 5 per cent. "Since they did not pass on the ITC benefit to customers, they will not be eligible for the benefit themselves," Jaitley had said. Restaurants inside hotels will also levy 5 per cent GST, except in starred hotels where the tariff is Rs 7,500 or more. The rate for restaurants in starred hotel will remain 18 per cent along with the benefit of input tax credit. Outdoor catering will also be taxed at 18 per cent along with ITC.

Effectively, it will be a universal composition scheme in the restaurant sector, said Finance Minister Arun Jaitley had said during a press meet after the Council meet.

Only with respect to same rate as 5%.

While for regular scheme rate remains same as 5%, which are levied from customer .......