Rate of tax, Goods and Services Tax - GST

[Ravikumar Doddi]

What is the rate of tax under composition wherein applicant running canteen at theatre, all inward purchase from local regd delaers only there is no cooking/manufacturing , is it 1% or 5%

Posts / Replies

[KASTURI SETHI]

As per legal definition of restaurant, you to pay 5% under composition scheme.

[YAGAY AND SUN]

Only manufacturer under Composition Scheme are required to pay 1%.

[KASTURI SETHI]

---------- And the Querist is not a manufacturer. Even if he is a manufacturer of goods, rate will be 5% as he can not give up the tag of "Restaurant". The "Restaurant" makes him ineligible for 1% under Composition Scheme.

[MARIAPPAN GOVINDARAJAN]

The views of Shri Sethi is correct.