I have a sweet shop with turnover exceeding Rs. 20lakhs please tell on what items tax is to be paid and what is the filling procedure and how to maintain record as all purchases are made in cash and from local market. Please guide regarding this matter.
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Gst on sweet shops
Replies (6)
Indian sweet 5%
all purchase are made p.day exceed 5000 rcm applicable
The GST tax rate on ice-cream is 5%. To check more items with 5% tax rate, click this link: GST 5% rate list
u should take reg in composation scheme
if no interstate sale
if sweet shop owner opt. composition...then wt will be rate of tax 1% or 2% or 5% ???
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