ITC for Hotels
This query is : Resolved
dharmender
(Querist)
11 October 2019
Hi,
In hotels can we take ITC of food items they purchased when they charges charge 5%GST on food items to customer and room tariff @ 12%
Example :
1 .Purchase oils Rs 5000 @5% = total Rs. 5250 /-
Sale Room tariff @12% say Rs. 5000 @12% = 5600
Food items Say 200@5% = 210 /-
Total Invoice = 5810 .
My Question is can we take ITs of rs. 250 and can i pay remaining balance GSt i.e Rs. 5560 /- .
If Yes and NO please let me know is any limit for hotels.
In hotels can we take ITC of food items they purchased when they charges charge 5%GST on food items to customer and room tariff @ 12%
Example :
1 .Purchase oils Rs 5000 @5% = total Rs. 5250 /-
Sale Room tariff @12% say Rs. 5000 @12% = 5600
Food items Say 200@5% = 210 /-
Total Invoice = 5810 .
My Question is can we take ITs of rs. 250 and can i pay remaining balance GSt i.e Rs. 5560 /- .
If Yes and NO please let me know is any limit for hotels.
Soumitra Basu
(Expert)
12 October 2019
5% is only without ITC
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