banner_ad

F&b income

GST 1271 views 3 replies

what kind of tax liable on f&b income?

Replies (3)

ON FOOD AND BEVERAGES INCOME TWO TYPES OF TAXES ARE IMPOSED 

1. VAT @ 12.5% 

2. SERVICE TAX @ 10.3%

IN CASE OF RESTAURANTS, PUBS OR BARS VAT IS LEVIED ON 70% PORTION OF BILLING AMOUNT AND SERVICE TAX IS LEVIED ON 30% PORTION OF BILL.

IN CASE OF BANQUETS HALL AND OTHERS VAT IS ON 60% PORTION AND SERVICE TAX IS ON 40% PORTION.

thank buddy...

but r u sure na?

ya i m sure... coz i do job in this industry...

 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details