GST IMPLICATION ON PIZZA FRANCHISEE RESTAURANT/HOTEL
This query is : Resolved
20 August 2021
Respected Expert,
I have some queries on GST on Pizza Franchisee Business .
1. Is input Available on Machinery Installed for Making Pizza under Franchisee.
2. Business is also run through online portal like Zomato, on this tax is to be paid.
3. Is input is available on food/Bevrage which Purchase from Local market to serve the customer other than "Pizza".
I have some queries on GST on Pizza Franchisee Business .
1. Is input Available on Machinery Installed for Making Pizza under Franchisee.
2. Business is also run through online portal like Zomato, on this tax is to be paid.
3. Is input is available on food/Bevrage which Purchase from Local market to serve the customer other than "Pizza".
20 August 2021
1 In case of 5% GST charged on sale of Pizza no ITC can be claimed.
2 yes, 18% tax in payable on their service charges.
3 yes ITC available if GST charged on such sale is more than 5%
2 yes, 18% tax in payable on their service charges.
3 yes ITC available if GST charged on such sale is more than 5%
22 August 2021
It depends whether you are supplying service or goods. If you are supplying service in nature of restaurant then ITC is not available on anything.
If you are in the business of supplying of goods only then ITC is available.
If you are engaged in both then proportionate ITC is available.
As far as Zomato is concerned they will charge you commission plus GST which you will have to pay. ITC will depend on the explanation given by me above.
If you are in the business of supplying of goods only then ITC is available.
If you are engaged in both then proportionate ITC is available.
As far as Zomato is concerned they will charge you commission plus GST which you will have to pay. ITC will depend on the explanation given by me above.
24 August 2021
I agree with CA R SEETHARAMAN ji for 1st 2 points. For the 3rd point , ITC will be available in the same line of business even if tax is charged at the rate of 5%.
27 August 2021
Sir, Pizza Co, supply whole Material of Pizza , Franchisee holder only make the product and Rate was Fixed by Pizza Co. suppose 110/ Pizza, Is tax is Payable on Tax. Value i.e 104.76 (@5%) without Claiming ITC on Supply of Material by Pizza co .
27 August 2021
Yes gst is payable........
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Supply through E-commerce Operators
- STCG....................................................
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- TAN for Partnership
- Sales return eway bill
- Relief u/s Section 89
- GST ON DAMAGED GOODS
- Specified Profession
- Is E Way Bill Valid If Transport ID Not Mentioned in PART A But Vehicle details mentioned in PART B
- STCG on ETF gold & silver
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
