The government as part of major revamp of GST tax Structure had
earlier this month decided to fix the GST rate at 5 percent for all restaurants
and not give them input tax credit.
Type of Restaurants
|
GST Rate
|
All restaurants
|
5% no ITC
|
Restaurants within hotels (room tariff <7,500-5% without
ITC)
|
5% no ITC
|
Restaurants within hotels (room tariff >7,500) still 18%
with ITC
|
18% with ITC
|
Outdoor catering
|
18% with ITC
|
For Expert Assistance in GST Advisory, Filing, Training, Invoicing, Accounting call us at 9900397777 mail us at info@preethamandco.com
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