Notification 54/2018- Central Tax dated 9th October, 2018: Changes in Rule 96(10) regarding EPCG benefit for import of capital goods: With effect from 9th October 2018, where exporter has availed EPCG benefit for import of capital goods under EPCG scheme, he shall be eligible for refund of IGST paid on export goods under Rule 96 of the CGST Rules. Read more about Refund of all unutilised ITC on Inputs
In exercise of the powers conferred by sub-section (1) of section 11 of the Central Goods and Services Tax Act, 2017 (12 of 2017) ( hereafter in this notification referred to as “the said Act”), the Central Government, on being satisfied that it is necessary in the public interest so to do , on the recommendations of the Council, hereby exempts the goods specified in column (3) of the Table below, from the so much of the central tax leviable thereon under section 9 of the said Act, as in in excess of the amount calculated at the rate of 2.5 per cent, when supplied to the institutions specified in the corresponding entry in column (2) of the Table, subject to the conditions specified in the corresponding entry in column (4) of the said Table
Applicable GST tax rates on Restaurants Tax rate will be applicable from 15th Nov 2017, as per given table. S No Services Rate of Tax 1 All stand-alone restaurants, whether air conditioned or not 5% without ITC 2 Food parcels (or takeaways) 5% without ITC 3 Restaurants in hotel premises having room tariff of less than Rs. 7500/- per unit per day 5% without ITC 4 Restaurants in hotel premises having room tariff of Rs. 7500/- and above per unit per day 18% with full ITC 5 Outdoor catering 18% with full ITC 6 Accommodation in Hotel having tariff between
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