REVERSAL OF ITC RULE 42- /43 of CGST

This query is : Resolved

VIPIN KUTUMBALE (Querist)
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22 November 2019 1) HOTEL providing Restaurent and Room services, Hotel is paying GST 5% on food sell in cash only ( without ITC),

but they have Input credit of Exps Advertisment, Ac maintenance contract ( Room + Restaurent),

can they take use Input credit of these common services fully in LIABILITY OF GST Room services AS Food supply is not exempted services ?

CS Advocate Abhishek Goyal

CS Advocate Abhishek Goyal (Expert)
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22 November 2019 No ITC is not allowed for restaurants.

Rajamahendra Varma M.B.A.,LL.B

Rajamahendra Varma M.B.A.,LL.B (Expert)
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09 December 2019 No ITC allowed for restaurants. For lodge (rooms) separate accounts they have maintain in case of claiming ITC.

VIPIN KUTUMBALE

VIPIN KUTUMBALE (Querist)
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27 April 2020 HEERE I WOULD LIKE TO DRAW , THAT they are not claiming ITC on food service ( Restaurent) payaing 5% tax, and NOT A ZERO RATE OR EXEMPTED , SO ITC ON COMMON SERVICES FOR Accomodation services WILL BE REDUCED TO THE EXTENT NON TAXABLE , EXEMPTED VALUE, here there is no such value, so they can take the credit for Accomodation service only please chekc again with this point of view.