Gst on company provides lunch

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Asst manager accounts
16 Points Posted on 24 January 2021

Hai,

I hv a doubt regarding gst applicability on company provides lunch to employees for actual cost.  Not provide any concessional rate not gain any profit also. It's prepared on internally.  All expenditure beared by company and same collect from employees. If gst applicable what is tax rate and procedure.

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On 24 January 2021 at 23:28 Report
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Quick Summary
This discussion clarifies the Goods and Services Tax (GST) implications when a company provides lunch to its employees, even if it's prepared internally at cost without any profit margin. The consensus points to a GST rate of 5% without Input Tax Credit (ITC), as per relevant notifications and CGST Act provisions.

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Chartered Accountant
494 Points Posted on 25 January 2021
Refer sch 1 to cgst act para 2 proviso you will get yoyr answer their.
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On 25 January 2021 at 00:30
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GST Practitioner
55067 Points Posted on 26 January 2021
As per S.no.7 of Notification 11/2017 CT(r) it's @ 5% without ITC
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On 26 January 2021 at 21:25

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