Sir, I have taken a marriage hall, if I book it, then how much percentage will I have to pat on this service? Can I take composition scheme on marriage hall service or not
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Quick Summary
This discussion clarifies the Goods and Services Tax (GST) implications for marriage hall services. It confirms that marriage hall services can opt for the composition scheme if their aggregate turnover does not exceed Rs. 50 lakhs. Under this scheme, a 6% GST (3% CGST + 3% SGST) is payable on the turnover. This option was extended to service providers from April 1, 2019.
If your Aggregate Turnover does exceeds Rs. 50 lakhs, you can opt for Composition Scheme U/s 10 of the CGST Act 2017.
You are required to pay GST @ 6% ( 3% CGST + 3% SGST ) on your Turnover in the State or Union Territory. Earlier the benefit of Composition Scheme was restricted only to the Supplier of Goods. But vide Notification No. 2/2019 - Central Tax ( Rate ), dated 07th March 2019, W.E.F 01/04/2019, Services Providers were also allowed to opt for Composition Scheme provided their Aggregate Turnover does not exceeds Rs. 50 lakhs.
GST on marriage garden and hall booking is also 18 per cent, same as most other wedding services. The GST rate on most of these services is from 18 to 28 per cent.
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