Hello Everyone,
I Want Clarification for following query:
PARTY A (BAKERS & CATERERS BUSINESS)
PARTY B (COMPANY)
Party A Only Supplies Meals (3 Times Lunch a day daily and it pays the bill in the end of month instead at same time) like food delivering done by hotels to Party B. So in this case what will be the GST Rate and SAC Code. and whether it will fall under contract or not.
I am taking in SAC 996333
Please clarify ...
GST Rate on Meal Supply to Companies Set at 18%, SAC Code 996337 Applies per Gujarat AAR Ruling A query was raised regarding the GST rate and SAC code applicable to a business supplying meals to a company. The business provides meals three times a day and charges monthly. It was clarified that the GST rate for such food delivery is 18%, as per a recent Gujarat AAR ruling, and it does not fall under a contractual agreement. The SAC code suggested was 996337, which pertains to other contract food services. Additional references were made to Notification No. 11/2017-Central Tax (Rate) and explanatory notes on services under GST. (AI Summary)