Regarding Rate of composition scheme
Om Bajpai (20 Points)
15 March 2023what is the tax rate applicable to a tiffin services provider in composition scheme?
Ayush
(Executive )
(6760 Points)
Replied 15 March 2023
As per the GST laws, food and catering services are considered as services and attract a GST rate of 18%. However, the composition scheme provides a lower rate of 5% to food service providers, including tiffin services providers.