what is the gst rate for restaurant composition scheme
gst rate 3%cgst 3%sgst ???
threshold limit 50 lakhs ???
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What is the gst rate for composit restaurant
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If you operate a restaurant that does not serve alcohol and your annual turnover is under ₹1.5 crore (or ₹75 lakh in special states), you can opt for the Composition Scheme, paying a flat 5% GST (2.5% CGST + 2.5% SGST) without the ability to claim input tax credit or collect tax from customers.
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