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Name of Goods/Services

Old Rate

New Rates

Restaurants

12%,18%

5%(No ITC)

Shampoo, Perfume, tiles, watches

28%

18%

tanks,Wet grinders, 

28%

12%

Condensed milk, Refined sugar, Diabetic food

18%

12%

Idli Dosa batter,Desiccated coconut,  Coir products

12%

5%

gar meal, khandsari sugar, dried vegetables

5%

0%

For composition dealer

 

 

 

Rate for Composition Dealer

1% Trader,

1% Trader,

2% Manufacturer

1% Manufacturer

5% Restaurant

5% Restaurant

 

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About the Author

CA Maninder Singh's photo - Expert in Practical Accounts, Taxation and Efiling
CA Maninder Singh
CA Maninder Singh is a Chartered Accountant for the past 7 years. He provides courses for Practical Accounts, Taxation and Efiling at teachoo.com .
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