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  1. Mar 14, 2023 · Identify restaurant under composition scheme. Restaurants opting for the composition scheme must mention the words “composition taxable person, not eligible to collect tax on supplies” on the top of the bill of supply.

  2. Feb 9, 2024 · Being a customer, it is important to identify the GST for restaurants if the same is registered under the composition scheme or not. Notably, the restaurants opted under the composition scheme is not allowed to collect tax from the customer.

  3. Aug 7, 2018 · 1. Registration requirement under GST Composition Scheme for Restaurants. A person engaged in the supply of food and non-alcoholic drinks for human consumption (Restaurants business) with a turnover of less than 100 Lakhs are entitled to registration under the GST Composition Scheme.

  4. Know about the GST composition scheme rate, rules, limit, benefits and how to check your eligibility. Read GST Composition Scheme in detail with its merits, demerits & transition provisions. Request a demo

  5. May 28, 2024 · The turnover of all businesses with the same PAN has to be added up to calculate the turnover for the purpose of the composition scheme. Only manufacturers of goods, dealers, and restaurants (not serving alcohol) can opt for the composition scheme under Section 10.

  6. Jun 15, 2017 · Meaning of Composition Scheme: A scheme which is made for the benefit of small dealer, small manufacturer and small service provider by reducing their burden of compliances. Like: Less number of returns, less maintenance of books and records as compared to general dealer.

  7. Feb 27, 2020 · In this article, we look at the applicability of GST composition scheme for restaurants in detail. Composition Scheme Registration for Restaurants. Restaurants whose turnover is up to Rs.150 lakhs per year are eligible to be registered under the GST composition scheme.