Rate of tax

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..... Rate of tax
Query (Issue) Started By: - Ravikumar Doddi Dated:- 3-1-2018 Last Reply Date:- 5-1-2018 Goods and Services Tax - GST
Got 4 Replies
GST
What is the rate of tax under compositio .....

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..... n wherein applicant running canteen at theatre, all inward purchase from local regd delaers only there is no cooking/manufacturing , is it 1% or 5% Reply By KASTURI SETHI: The Reply: As per legal d .....

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..... efinition of restaurant, you to pay 5% under composition scheme. Reply By YAGAY AND SUN: The Reply: Only manufacturer under Composition Scheme are required to pay 1%. Reply By KASTURI SETHI: The Re .....

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..... ply: ---------- 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 .....

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..... him ineligible for 1% under Composition Scheme. Reply By MARIAPPAN GOVINDARAJAN: The Reply: The views of Shri Sethi is correct.
Discussion Forum - Knowledge Sharing .....

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