Regarding Rate of composition scheme
Om Bajpai (20 Points)
15 March 2023what is the tax rate applicable to a tiffin services provider in composition scheme?
Ayush
(Executive )
(7790 Points)
Replied 15 March 2023
As per the GST laws, food and catering services are considered as services and attract a GST rate of 18%. However, the composition scheme provides a lower rate of 5% to food service providers, including tiffin services providers.
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