🔗 Useful Link • Finance & Taxation
✍️ Financial Advisory Desk•⏱️ 5 min read
GST Rates & Input Tax Credit Rules for Restaurants and Cafes
"Understand 5% GST without ITC vs 18% GST rules. Optimize tax filing, invoice structure, and QR bill receipts effortlessly."
Target Resource Link
https://cbic.gov.in
Taxation rules for food service businesses vary by turnover and AC/Non-AC setup. Knowing how to apply 5% GST correctly on food bills saves administrative headaches.
GST Breakdown for Restaurants:
- 5% GST (2.5% CGST + 2.5% SGST): Applicable to standard standalone restaurants without Input Tax Credit (ITC).
- 18% GST (9% CGST + 9% SGST): Applicable to restaurants located within hotel premises with room tariffs above designated limits (with ITC).
- Automatic tax computation: TableMenu.in automatically calculates configurable GST percentages on digital bills.