GST on supply of food and beverage after issuance of Notication 46/2017-Central Tax Raten
This query is : Open
05 May 2023
Can supply of food & beverage inside multiplex movie theater be classifiable under item (I) to serial no 7 in 46/2017-Central Tax Rate notification? If so, does other than premises having residential..., in item (I) at sl no 7 of said notification means all premises and commercial places where no accommodation is there? If food & beverage attracts 5 percent inside multiplex, then why the same rate was not imposed for supply of food inside club, and amusement parks? What will be actual HSN for supply of food & beverages inside multiplex( movie theatre like cinepolis) Kindly answer urgently. Thanking
06 May 2023
As food and beverages supply in multiplex fall under the supply of food/drinks in outdoor catering, they will attract 18%.
07 May 2023
But, definition of outdoor catering is different. Multiplexes are preparing food in their premises.
Further, when it attracts GST @ 5percent with conditions of reversal of ITC, then how they will discharge GST? By using credit ledger or by cash? Because, in ECO, board clarifies to pay in cash.
Further, when it attracts GST @ 5percent with conditions of reversal of ITC, then how they will discharge GST? By using credit ledger or by cash? Because, in ECO, board clarifies to pay in cash.
07 May 2023
5% GST applicable only in restaurants.
It's supply in multiplex it will be considered as outdoor catering 18% GST applicable with ITC.
It's supply in multiplex it will be considered as outdoor catering 18% GST applicable with ITC.
07 May 2023
Thank you, Sir.
Since outdoor catering except specified premises attracts 5 percent GST w.e.f. 01/10/2019, my question is how will the nature of discharge of GST in their return?
Is it by debiting cash ledger or using of Electronic credit ledger?
Because, in case of ECO, CBIC clarified for restaurant service it is to be paid in cash only.
Since outdoor catering except specified premises attracts 5 percent GST w.e.f. 01/10/2019, my question is how will the nature of discharge of GST in their return?
Is it by debiting cash ledger or using of Electronic credit ledger?
Because, in case of ECO, CBIC clarified for restaurant service it is to be paid in cash only.
07 May 2023
That's for 5% GST payment.
For 18% GST payment you can use credit ledger.
For 18% GST payment you can use credit ledger.
07 May 2023
But outdoor catering in multiplex attracts GSt @5percent. But their argument that there is only conditions of reversal of ITC, no condition for using credit ledger for making payment towards GST on catering services. Kindly go through Rate notification 20/2019 by CBIC.
They also argue that there is no legal provision why credit ledger will not be used for discharging GST.
They also argue that there is no legal provision why credit ledger will not be used for discharging GST.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- STCG....................................................
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Sales return eway bill
- TAN for Partnership
- LTCG for Assmt year 26-27
- E way bill for tractors
- Suggestions required for income tax filing-software (FY 2025-26)
- Loan by Partnership Firm
- Plot of land. Cost of Acquisition
- Is E Way Bill Valid If Transport ID Not Mentioned in PART A But Vehicle details mentioned in PART B
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
