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Be Aware of GST on Food bill from today
As mentioned in the notification, input tax credit is no longer available to Restaurants. However, if someone is expanding his premise or starting a new restaurant and making purchases of Air Conditioners, Kitchen Machines or movable furniture, what will be the treatment of tax credit on such Capital Goods?
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As mentioned in the notification, input tax credit is no longer available to Restaurants. However, if someone is expanding his premise or starting a new restaurant and making purchases of Air Conditioners, Kitchen Machines or movable furniture, what will be the treatment of tax credit on such Capital Goods?
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