Whether GST on Hotel room rent below Rs. 1000 is exempted or Nil rated ? Can we claim ITC relating to Hotel room rent below Rs. 1000 ? or we have to apportion credit for Less than Rs. 1000 and above Rs. 1000 and claim ITC on above Rs. 1000 only ?
21 April 2018
GST on Hotel room rent below Rs. 1000 is exempted. No ITC can be claimed on it. ITC on GST paid on room rent exceeding 1000 only can be claimed, no apportionment.