Catering services

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Proprietor
230 Points Posted on 14 September 2020
Weather the catering services provider can opt for composition scheme. If not can anybody tell me the rate of GST for the same.
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On 14 September 2020 at 14:45 Report
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This discussion clarifies that catering services are generally not eligible for the GST composition scheme. However, providers with a turnover under £50 lakh may opt for a simplified scheme, attracting a 6% lumpsum GST rate without input tax credit (ITC). Standard GST for catering is 5% with no ITC. The conversation also touches on the possibility of distributing mineral water and claiming ITC for those specific activities.

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137 Points Posted on 14 September 2020
He is not eligible for composition scheme but he can opt for simplified scheme for small provider.
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On 14 September 2020 at 15:04
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Proprietor
230 Points Posted on 14 September 2020
For simplified scheme what is the rate of tax, turnover limit and is there any proportionate turnover for the same
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On 14 September 2020 at 15:07
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137 Points Posted on 14 September 2020
Turnover must be less than 50 lakh to be eligible for simplified scheme. applicable GST rate is 6% on supply
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On 14 September 2020 at 15:09
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588 Points Posted on 14 September 2020
Normally catering services attracts 5% GST rate with no ITC. Catering service is not eligible for composition scheme. However simplified scheme for service provider having turnover upto 50 lakh can be opted which attracts 6% Lumpsum rate.

For any professional service related to GST compliance you may contact us at taxclinictc @ gmail.com
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On 14 September 2020 at 19:57
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Proprietor
230 Points Posted on 22 September 2020
In the same case (Catering services) we are collecting cgst 2.5% and sgst 2.5% and not claiming input tax. weather we can do distribution works of mineral water and other products and can we claim input tax for that.
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On 22 September 2020 at 12:37

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