Rate of tax gst


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Querist : Anonymous

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Querist : Anonymous (Querist)
22 June 2018 i am a regular dealer under gst, what is the rate of tax applicable on my sales of sandwiches, burgers, frenchfries etc

Is 5% tax applicable for both composition as well as regular dealers.
My purchases are usually in the 12% category, can i claim input tax credit.

22 June 2018 5% whether or not under composition scheme. ITC not available

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Querist : Anonymous

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Querist : Anonymous (Querist)
22 June 2018 Sir, is it possible to claim input tax credit and charge 12% on my sales

22 June 2018 no it is not optional . Since 15/11/2017 rate has been changed


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