hello,
one of our client is doing small canteen business. he has turnover Rs.20k per day which is around 60lac per annum. since it is an road side business he is not providing bills to his customers. whether he can opt composite scheme? If yes then what is the % of gst? and his wife is doing catering business. On which she earns around 15lac per annum. whether she needs to register under gst as they are relatives.
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Replies (4)
Sir,Below 75 lac composition scheme is available for hotelar @ 5%. Business of Husband and wife are different if they have different pan numbers.
Yes if the turnover is above 20 lakh then registeration under GST is compulsory and composition sheme shall be opt by the assesse as resturant sector can opt composition scheme and pay tax at the rate of 5%.
what is composit scheme
whethed outdoor catering services taxable at 18% ? or whether he opt composition scheme for his wife's catering seevices too?
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