Input Tax Credit - Hotel rent having Less than 1000 and more than 1000

This query is : Resolved

Sarun kumar.k.s (Querist)
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10 June 2022 "Running Of Hotel-
GST Having Rent slab Less than Rs. 1000 and More than Rs. 1000
Less Rs. 1000 Exempted
More Than 1000 Taxable @ 12%
Hotel having input from Annual Maintenance of Lift & Repairs
Input from Make My Trip Commission, Input from other purchases

My Querry is Can the Hotel avail of full Input credit from AMC, Repairs and other purchases.
The majority is exempted rent ie, less than 1000 per day"

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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10 June 2022 Full input credit can't be claimed. Claim proportionate ITC.

CA Pradeep Sharma

CA Pradeep Sharma (Expert)
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10 June 2022 You need to distribute you credit to taxable and non taxable supplies according to Rule 42

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Input Tax Credit - Hotel rent having Less than 1000 and more than 1000

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