Restaurant having ac and non ac both, what will be tax rate?
This query is : Resolved
Nitesh Parmar
(Querist)
01 July 2017
Restaurant having AC and Non AC both, what will be tax rate? And if it is 18% then what should be tax planning for same?
Lalit Nagpal
(Expert)
01 July 2017
Non AC Restaurant and not having licence to serve liquor Rate is 12% with ITC otherwise 18% with ITC.
Nitesh Parmar
(Querist)
01 July 2017
But in same restaurant having BOTH facilities AC and NON AC
Lalit Nagpal
(Expert)
01 July 2017
Then It will be treated as AC
Nitesh Parmar
(Querist)
01 July 2017
What can be tax planning?
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