HOSPITALITY INDUSTRY NEW GST RATE
This query is : Resolved
21 September 2019
Dear Sir
You are aware that the higher GST tax structure reduced from 28% to 18%.
Previously we applied 5% GST for Restaurant Billing without input GST advantage.
Now for Below RS 7500 tariff we have to apply 12% . If so the restaurant billing will be 12% with Input GST.
Banquet billing will be the same as we applied earlier ie 18%
Am i right sir
You are aware that the higher GST tax structure reduced from 28% to 18%.
Previously we applied 5% GST for Restaurant Billing without input GST advantage.
Now for Below RS 7500 tariff we have to apply 12% . If so the restaurant billing will be 12% with Input GST.
Banquet billing will be the same as we applied earlier ie 18%
Am i right sir
21 September 2019
You are right except, Below RS 7500 tariff the restaurant billing will be 18% with Input GST. or 5% without input.
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