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What is the rate applicable under CGST to a registered person being a hotelier opting to pay taxes under composition scheme?

A. 1%

B. 0.5%

C. 2.5%

D. None of the above

Answer: Option C

Solution(By Examveda Team)

A registered taxpayer, who is registered under the Composite Scheme will pay tax at a rate not more than 1% for manufacturer, 2.5% for restaurant sector and 0.5% for other suppliers of turnover.

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Comments ( 1 )

  1. ANSHUKA BATHLA
    ANSHUKA BATHLA :
    6 months ago

    In my opinion, Answer should be B option as 2.5% is applicable only to restaurants

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