whether catering service comes under composition levy.
And if we choose to opt regular then Rate of gst?
Composition scheme available on catering services
Replies (2)
Canteen Service attracts 5% without ITC while Outdoor catering services attract 18% with ITC ( Notification 46/2017 central tax rate dt 14/11/2017). While it is not eligible for composition levy u/s 10 but from 1st April 2019 composition scheme is available to service provider for first 50 lakhs turnover @ 6%.
Hi guys,
As per GST provisions catering service is under service only, hence composition scheme with tax rate of 6% is up to turnover of Rs50 Lakhs can be available.
Recent Topics :
- Bill-to-ship-to material at client site, project c
- Export previously now to be considered domestic sa
- Pan surrender via online
- EPFO Portal Issue – Unable to Save Employee
- Plant & Machinary
- ITC reversal after supplier amended the recipient
- GIFTS TO USEFUL CONTACTS ON FESTIVALS INCOME TAX
- INTEREST ON REFUND OF TDS
- Input tax claim related
- User not found in MCA portal
Related Topics :
CAclubindia
