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News
AC restaurants
AC restaurants News
GST
30 Oct 2017
Cut GST for AC eateries, small businesses: Panel
Currently, manufacturers and restaurants with turnover up to Rs 1 crore pay GST under composition scheme at 2 percent and 5 percent respectively. The same for traders is 1 percent.
Service Tax
09 Jun 2015
Service tax only in AC restaurants; effective rate 5.6%
Restaurants, eating-joints or messes, which do not have the facility of air-conditioning or central-heating in any part of the establishment are exempt from service tax.
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