GST is a comprehensive single indirect tax reform on the supply and consumption of goods and services which will erase the scenarios of cascading taxes and give way to a better and stronger economy.
The cloud based restaurant management software eZee Optimus will help you manage and control all the operations from anywhere.Your restaurant get the assurity to become GST compliant efficiently with eZee Optimus:
On account of newly introduced GST norms, eZee Optimus on-cloud restaurant management software will let you transform your restaurant into a GST ready business, regardless of your operations and services.
India is going to follow a dual-GST model and implement a 4-tier tax structure of 5, 12, 18 and 28 percent, among which the GST on restaurant industry will be levied based on a restaurant’s annual turnover and services provided.
Check out how the restaurant industry in India is going to be affected by GST:
|Turnover & Services||GST Rate|
|< INR 50 Lakh||5% (Optional)|
|Non-AC Restaurants Restaurants Without Liquor License||12%|
|Restaurants with AC or Central Heating||18%|
|Restaurants Serving Alcohol||18%|
|AC Restaurants Inside 5-star Hotels & Above||28%|
Whereas, banquets and outdoor catering services, as well as bundled services including any food and beverages will attract a GST of 18% Get equipped with GST-ready cloud restaurant POS eZee Optimus to offer remarkable services to your guests.