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Gst on canteen sales

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72 Points Posted on 28 August 2017
If a canteen has an annual turnover above 20lakhs . will it requires to charge gst on his sale?
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On 28 August 2017 at 19:15 Report
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125 Points Posted on 28 August 2017
If it is under composition scheme @ 5% or under regular 12% for non AC,18% for AC with ITC.
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On 28 August 2017 at 20:51
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72 Points Posted on 28 August 2017
if we did'nt opt for composition, then there is 12% rate.?
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On 28 August 2017 at 20:57
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125 Points Posted on 28 August 2017
If you do not have A C, central heating facility & license or permit to serve liquor then 12% is available with full ITC.
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On 28 August 2017 at 21:25
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72 Points Posted on 28 August 2017
And if sir we opt for 12% rate then there is a need to maintain detail records.?
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On 28 August 2017 at 21:29
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125 Points Posted on 28 August 2017
Sir, yes you have to maintain all the records as prescribed under GST act.
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On 28 August 2017 at 21:49


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