Question ID :
29591
GST ON PACKED PRODUCT SOLD BY RESTAURANTS
How to charge tax on Packed product (MRP Based eg. Cold Drinks) sold by restaurant ?5 or Regular Rate?
Whether ITC is available on these products?
Posted by
Ajay Pandey
on
Apr 23, 2018
Filed Under
GST
MRP which is inclusive of taxes. No seperate tax should be collected.
Posted by
VINAY BHARGAV KUMAR G on
Apr 25, 2018
Answer ID :
65560
My question is from which rate we calculate tax on product sold on mrp for return purpose(5 or Regular rate) whether itc is available for tax paid on these goods at the timing of purchase.
Posted by
Ajay Pandey on
Apr 26, 2018
Answer ID :
65576
5 without ITC
Posted by
VINAY BHARGAV KUMAR G on
Apr 28, 2018
Answer ID :
65577
THANKS
Posted by
Ajay Pandey on
Apr 28, 2018