sir, my client start new business as hotel room rent and also restaurant. bill charge room rent per day and food bill
what is gst rate room rent and gst rate on restaurant
itc available on both ?
Menu
Gst on restaurant and hotel room
Replies (4)
may opt to pay tax under COMPOSITION SCHEME (if turnover under prescribed limits)
RATE : 2.5% CGST and 2.5% SGST
any other service can be provided along with restaurant but up to 10 % of turnover in state / UT in the preceding F.Y or Rs. 5,00,000 , whichever is Higher .
ITC is not available if opted for COMPOSITION
For example,
room rent for 10 days Rs.25000
food bill Rs. 5000
total Rs. 30,000
gst if applicable on both at 5 percent or room rent 12 percent and food bill 5 percent?
room rent for 10 days Rs.25000
food bill Rs. 5000
total Rs. 30,000
gst if applicable on both at 5 percent or room rent 12 percent and food bill 5 percent?
it is a case of composite supply
rate applicable to prominent component which is hotel service will apply on both supply if there is single registration for both the supplies
rates are
room rent up to 1000 per day no tax
room rent 1001 to 7500 tax is 12%
above 7500 tax is 18%
if there are separate registrations for both services
then
restaurant service can be opted for 5% tax without ITC
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