in composition scheme you would be liable to pay gst at the rate of 5℅ and you cannot collect gst from customers. regular scheme: you don't have option to choose between 5℅ without input tax credit and 18℅ with input tax credit 5℅ without ITC for restaurant services: where the restaurants declared value of accomodation is less than rs 7500 if the accomodation is more than 7500, for restaurant service gst has to be levied at 18% with Input tax credit
Regular Scheme Dealers in Restaurant Business does not have the option to choose between 5% GST Rate without ITC and 18% GST Rate with the benefit of ITC.
regular scheme is only available if a restaurant forms a part of the hotel having accommodation charges more than 7500 otherwise all the restaurants will have to fall in 5% without ITC