Adaikkalaven Muthu (113 Points)
17 March 2023
Neha
(ENTREPRENEUR)
(300 Points)
Replied 17 March 2023
The GST rate for a pizza restaurant is 5%. If registered as a normal dealer, they can claim input tax credit. If registered as a composition dealer, they cannot claim input tax credit and have to pay a fixed percentage of their turnover as tax.
Adaikkalaven Muthu
(113 Points)
Replied 17 March 2023
Neha
(ENTREPRENEUR)
(300 Points)
Replied 17 March 2023
The applicable HSN code for pizza sales is 1905.
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