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GST composition rates
What are the rates for composition scheme??
Replies (9)
Query has been answered in previous reply
Can you please tell me once again?
a) manufacturer and trader=1%
0.5% cgst and 0.5% sgst
b) restaurent services - supplier of food and drinks ,not surving alcohol =5%
2.5%cgst and 2.5% sgst
0.5% cgst and 0.5% sgst
b) restaurent services - supplier of food and drinks ,not surving alcohol =5%
2.5%cgst and 2.5% sgst
Perfect @ Bhanu
tq sir very much @ hitesh
Thank you and turnover limit is 1Cr and 75Lacs right? Is there any amendment in this??
Same limits. 1 cr and 75 lakhs respectively
Thank you and are there any important amendments made??
No amendments. GST council has proposed to increase to 1.5 crores but the same is yet to be notified
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