01 December 2018
Dear Sir I am going to start Hotel work . and we purchase TV , Geyser, AC, Furniture, electrical Fitting , Sanitary Fitting , Phone, Linen, Bed Sheet, Cloth, Towel,Lift, Flooring , Fridge, Kitchen Equipment Etc
02 December 2018
In hotel industry GST rate on output liability will be 5% without ITC so no input will be allowed.. However if you have taxable services e.g. room rent on which tax to be paid then ITC will be allowed proportionately..
CAclubindia
