Availment of itc on rent paid in case of restaurant business.

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STUDENT
21 Points Posted on 21 February 2019

One of my client is Running a Restaurant business registered under GST as a regular , he is paying monthly rent of Rs. 130000/- PLUS GST @ 18% . Can he availed Input Tax credit which he is paying on Rent ? as he is charging GST from Customers @ 5%.

But as per notification no 46/2017 CGST (rate) if he charging GST @ 5% he can not claim ITC. In my opinion he can not claim ITC.

But please clarify whether my interpretation is correct or not.

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On 21 February 2019 at 15:10 Report
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Bhopal
1741 Points Posted on 21 February 2019
no, even if registered in regular scheme restaurents are not elligible to claim any itc...
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On 21 February 2019 at 16:30
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6 Points Posted on 21 February 2019
No restaurant charge on composition basis so you can't able claim ITC on rent paid
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On 21 February 2019 at 17:49
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account -GST
1560 Points Posted on 21 February 2019
you can't get itv
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On 21 February 2019 at 19:27
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director
25 Points Posted on 21 February 2019

NO ITC AVAILABLE

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On 21 February 2019 at 20:20
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CA Final student
7106 Points Posted on 21 February 2019
Itc not available
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On 21 February 2019 at 23:25

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