Manufacturing of food items can be covered under 1% GST rate in composition sheme.
yes or no..
Yes 1% of turnover, except manufacturing of -
a) ice cream b) pan masala c) tobacco and its substitutes d) aerated water.
Aniruddha Patra
(150 Points)
Replied 12 September 2021
CA. Heet Shah
(Tax Consultant & Practitioner)
(6174 Points)
Replied 12 September 2021
See manufacturing of food items on contract basis would be covered under 1% of composite supply....
CA. Heet Shah
(Tax Consultant & Practitioner)
(6174 Points)
Replied 12 September 2021
But in case of supply of foods be sitting arrangements is provided or not.... It would be considered service and would be liable for tax @ 5%
CA. Heet Shah
(Tax Consultant & Practitioner)
(6174 Points)
Replied 12 September 2021
According to me it would be leviable @ 5% since gst requires tax @ 5% on supply of food for human consumption...
CA. Heet Shah
(Tax Consultant & Practitioner)
(6174 Points)
Replied 12 September 2021
Act does not have any reference of restaurant catering etc... So u shall go with 5% However u may consult before going ahead
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