Can a restaurant operator register under regular scheme without itc + 5% rate of tax
Or
Is it liable to compulsory register under composition scheme with 5% rate of tax
Menu
Gst registration
Replies (3)
Quick Summary
A restaurant has can opt for regular scheme with 5% rate without ITC. It is not compulsory to register under composition scheme.
For GST registration and Compliance Services you may connect with us at:
Email id: taxclinictc @ gmail.com
M. No.: 9409161310
For GST registration and Compliance Services you may connect with us at:
Email id: taxclinictc @ gmail.com
M. No.: 9409161310
Thank you
| Originally posted by : Yogesh Gupta | ||
 |
Can a restaurant operator register under regular scheme without itc + 5% rate of taxOrIs it liable to compulsory register under composition scheme with 5% rate of tax |  |
Composition scheme is basically for lesser compliance for the taxpayers. It is always an optional
Recent Topics :
- LTCG - SEC54
- Foreign remittance from our client for Co Working
- UDIN generation
- Reply plz guys
- Tax Deduction and Collection Account Number
- Where can students practice XAT PYQs effectively?
- Gst on Guest house 5% without ITC
- How do you collect documents from clients for ITR
- GST ITC on Construction/ Tenant Specific Renovatio
- GST Treatment and Reporting of Share & Mutual
Related Topics :
CAclubindia
