GST UPDATE

Desk of CA. Praveen Sharma 

Series- 422

GST on Restaurants

Video link: https://youtu.be/_mzVdhzLtDg

1- Non AC restaurants – 5% GST (CGST 2.5% + SGST 2.5%)

2-AC restaurants – 5% GST

Restaurant (AC or non-AC) located on hotel premises with Rs 7,500 or more daily tariff – 18%

3- Pre-packed and pre-cooked food from restaurants – 12%

4- Composition Scheme Restaurants – No Tax Applicable to Customers.

5- How to check if a trader is registered under GST or not by the simple online official portal. Check here: https://services.gst.gov.in/services/searchtp. You can also see the status of the trader whether the organization is registered as regular or composition.

Regards 

CA. Praveen Sharma

Twitter: https://twitter.com/capraveensh