Manufacturing of food items can be covered under 1% GST rate in composition sheme.
yes or no..
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MANUFACTRING OF FOOD ITEMS WITHOUT SITTING ARRANGEMENTS
Replies (6)
Yes 1% of turnover, except manufacturing of -
a) ice cream b) pan masala c) tobacco and its substitutes d) aerated water.
a) ice cream b) pan masala c) tobacco and its substitutes d) aerated water.
See manufacturing of food items on contract basis would be covered under 1% of composite supply....
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%
Only Cooked and sale to another party for supplying.
According to me it would be leviable @ 5% since gst requires tax @ 5% on supply of food for human consumption...
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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