Menu
Regarding GST on Restaurant
Sir I want to open the restaurant and want to pay the GST @ 5%So I want to know that can I take the GST in composition scheme or regular.please guide me Thanks.
Replies (7)
Hai There,
you can call me at 9 seven zero one 6 five zero one 7 eight
you can call me at 9 seven zero one 6 five zero one 7 eight
Under composition scheme
In practical, Platforms like Swiggy and Zomato are not accepting restaurants with composition scheme.
In regular scheme also the rate is 5% on restaurants. So you should take regular registration
Composition scheme was introduced by
U can adopt composition scheme..........
Composition scheme was introduced to mitigate some complications of filing returns. The scheme enables petty taxable person for taking registration.
Recent Threads
- Exemptions under New Tax Regime
- ITR-2 Payment Made but Status Not Updated
- Need help for ITR filing
- ITR Updated returns. Time limit for filing
- ITR 2 Processed and Refund Credited to Bank
- Freelancer or Salaried
- LTCG Tax and Indexation on Debt Mutual Funds Sold
- Section 45(5A) and 194IC with carry forward of tds
- Paid tax amount, CIN generated and challan downloa
- INTRADAY INCOME PRESUMPTIVE INCOME
Related Threads
CAclubindia
