GST imposed rate on purchase or sale of Supply of Food, drinks in restaurant not having licence to serve liquor
How much GST tax payable on Supply of Food, drinks in restaurant not having licence to serve liquor? Goods and Service Tax rate for Supply of Food, drinks in restaurant not having licence to serve liquor? GST duty payable on Supply of Food, drinks in restaurant not having licence to serve liquor?
Here let us discuss about GST payable rate on Supply of Food, drinks in restaurant not having licence to serve liquor
The GST Council has broadly approved the GST rates for goods at nil rate, 5%, 12%, 18% and 28% to be levied on certain goods. Commonly used Goods and Services at 5%, Standard Goods and Services fall under 1st slab at 12%, Standard Goods and Services fall under 2nd Slab at 18% and Special category of Goods and Services including luxury - 28%. The most essential goods and services attract nil rate of GST under Exempted Categories. Luxury goods and services and certain specific goods and services attract additional cess than 28% GST.
The rate of GST on Supply of Food/drinks in restaurant not having facility of air-conditioning or central heating at any time during the year and not having licence to serve liquor.fixed by GST council at the introduction of GST in July, 2017 is 12% with full ITC
This detail about GST rate tariff on Supply of Food, drinks in restaurant not having licenced to serve liquor is only for information.
The validity of above information and amendments about GST rate on Supply of Food, drinks in restaurant not having licence to serve liquor may be verified before any business dealing.
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