https://www.taxtmi.com/circulars?id=71403 Specified premises are classified from 1 April 2025 by the preceding financial year's hotel-accommodation transaction value or by a premises-specific opt-in declaration. Restaurant services at specified premises attract GST at 18% with input tax credit; those outside attract GST at 5% without input tax credit. Registered suppliers may opt in or opt out through prescribed declarations, while registration applicants may declare new premises within the stipulated period after registration acknowledgement. Classification remains fixed for the financial year, declarations generally continue until opt-out, and separate declarations are required for each premises. en-us Mon, 07 Apr 2025 00:00:00 +0530 Tue, 22 Sep 2026 10:09:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=71403 Specified premises are classified from 1 April 2025 by the preceding financial year's hotel-accommodation transaction value or by a premises-specific opt-in declaration. Restaurant services at specified premises attract GST at 18% with input tax credit; those outside attract GST at 5% without input tax credit. Registered suppliers may opt in or opt out through prescribed declarations, while registration applicants may declare new premises within the stipulated period after registration acknowledgement. Classification remains fixed for the financial year, declarations generally continue until opt-out, and separate declarations are required for each premises. Circulars GST - States Mon, 07 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/circulars?id=71403