TMI Blogproblems related to composition scheme and theater exhibitor food & beverages salesX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear sir, . 1) one of the my client was obtained gst certificate under composition scheme, he is selling exempted goods as well as taxable goods also, my doubt is what is the payable turnover in this case, he can pay 1% on taxable turnover or exempted taxable turnover also. There is any changes in after 23rd council meeting before that ( I have known the aggregate turnover of composition d ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ealer means: 1) Turnover of all taxable supplies 2) Turnover of Exempted Supplies 3) Exports made by all person with same PAN But Excludes: inward supplies under reverse charge.) 2) another one is my client running cinema theater as an exhibitor, he is supplying food and beverages in Non-Air conditioner Counter how much gst tax rate on food beverages he can collect and pay ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the government. ( food and beverages both are same rate of tax or not) Pl reply as early as possible sir., - Reply By ANITA BHADRA - The Reply = Dear Sir The rates specified for composite turnover are only for taxable supplies made by the taxpayer. Exempted goods are to be excluded while calculating tax,. - Reply By ANITA BHADRA - The Reply = a uniform 5 per cent GST will be charged o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n food bill in both air-conditioned and non-AC. - Reply By npp suresh - The Reply = Dear Madam, Thanq for u r reply, 1) I couldn't see what is the turnover of composite dealer have to pay tax in any act book (Aggregate turnover or Turnover) If aggregate turnover taken as registration under composition purpose i will agree with u madam. 2) I know after 23rd council meeting restaurant ta ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... x rate changed to 18% to 5% both Ac and Non Ac without ITC Except 5 star Hotels but my doubt is theater and amusement park etc., are also treated as like restaurant or not. - Reply By Ganeshan Kalyani - The Reply = Answer to query 2- in my view 18% tax will be levied. - Reply By Kishan Barai - The Reply = Respected Sir, Theater and amusement park are not treated as a restaurant, moreover, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... if any restaurant agrees for 5% GST then it would not be eligible for ITC. - problems related to composition scheme and theater exhibitor food & beverages sales - Query Started By: - npp suresh Dated:- 24-11-2017 Goods and Services Tax - GST - Got 5 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxm ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... anagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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