Collection of gst by restaurant - reg.
This query is : Resolved
Gopalakrishnan. S
(Querist)
24 February 2019
Sir,
One of my friend is running a restaurant under Composition scheme and is paying 5% GST on his monthly turnover.
Now, he intends to switch over to REGULAR scheme from March onwards. Under Regular scheme, can he collect 5% GST on his supply bills from his customers. Pls. advice.
One of my friend is running a restaurant under Composition scheme and is paying 5% GST on his monthly turnover.
Now, he intends to switch over to REGULAR scheme from March onwards. Under Regular scheme, can he collect 5% GST on his supply bills from his customers. Pls. advice.
CA.Raghavendra
(Expert)
24 February 2019
Yes, he can collect GST @ 5% on supply bills from his customers.
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