Proposal for 12% tax rate without ITC on Restaurants

Pradeep Jain , Last updated: 01 November 2017 Share Follow on Google News

Air-conditioned restaurants currently charge GST @18% and non-air-conditioned ones charge 12% GST. As per recent proposal made to GST Council, rate of GST in case of restaurants is being planned to be kept at 12% without the facility of Input tax credit (ITC). If this proposal is materialized by GST

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Pradeep Jain

F.C.A.

To see may profile, visit www.capradeepjain.com. you can reach us to ourpage on www.facebook.com/GSTTODAYBYPRADEEPJAIN/ ,follow us at our twitter account atwww.twitter.com/ @ capradeepjain21 and at Linkedin athttps://www.linkedin.com/in/ca-pradeep-jain-b6a31a16/

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