03 November 2019
One of our client has taken a 'Pizza' outlet franchisee. He is selling through the Retail shops and also through E-commerce operator with the rate of 5%. >> Note - He has not taken any Composition scheme for the Restaurants.<<
Now the queries are:- 1. Is ITC allowed w.r.t. GST on Franchisee fees, Rental for retail shops ?.
2. If my client, give it's franchisee rights to other one and receive some amount. Can he offset the GST paid on franchisee fees (ITC) against the tax liability on received amount?
CAclubindia
