Yes, 5% tax will be collected from customer but you can not take any credit.
Standalone restaurants are eligible to collect tax at 5% with no ITC. If you have opted for composition scheme then you are not eligible to collect tax and the availment of ITC does not arise
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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CAclubindia
