CCI Online Learning
What do you want to learn today?
     
CIBIL

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Rate of sale


VINAYAK HEGDE (accounting & taxation freelancer)     30 March 2019

VINAYAK HEGDE
accounting & taxation freelancer 
 10 likes  243 points

| My Other Post

i want to start business of restaurant without itc registration.
i shall sell eateries , juices and ice creams..
presently, 18% on ice-cream.MRP
(as it is like selling of goods) whether i has to collect gst @ 5% or 18%. as per i got suggestions that i has to collect 5%, but still i have confused.

please help in this regard.

avater

ca.nsrawt (Legal Consultancy)     30 March 2019

ca.nsrawt
Legal Consultancy 
 22 likes  256 points

View Profile | My Other Post

Restaurant sale other than liquor sell its comes under 5% bracket, Liquor have to charge @ 20% VAT.
Regards,
Naveen Singh
9716822331

avater

Sahil Jain (FAFD, DISA, CA) (Practicing Chartered Accountant )     30 March 2019

Sahil Jain (FAFD, DISA, CA)
Practicing Chartered Accountant  
 181 likes  2404 points

View Profile | My Other Post

5%

avater

VINAYAK HEGDE (accounting & taxation freelancer)     04 April 2019

VINAYAK HEGDE
accounting & taxation freelancer 
 10 likes  243 points

View Profile | My Other Post

thanks

avater

subhagan sreerangam   07 August 2019

subhagan sreerangam

 204 likes  6586 points

View Profile | My Other Post

good clarification and information


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  


Related Threads


Loading

Popular Discussion


view more »



Trending Tags
law
tcs
mca
accounts
income tax
ca rankholder interview
epf
Excise
VAT
audit
gstr 3b
cag
gstr 9
itc
newgstreturn
gst
dgft
Others
traces
unified portal
gst council meeting
ca students
Union Budget
students
eway bill

GST Live Class    |    x