Go AD-Free with CAclubindia Pro and Daily WhatsApp Updates. Subscribe Now!

CAFE GST INPUT CREDIT EASSU

427 views

Save Share

Shiva Dubey

166 Points Posted on 22 June 2024

WE HAVE CAFE AND WE CANNOT TAKE INPUT TAX CREDIT CAN SOMEONE TELL ME HOW TO TAKE INPUT TAX CREDIT IS THERE ANY WAY TO TAKE INPUT TAX CREDIT FOR WHICH I M PAYING THE RENT PREMISES GST AND I CAN'T TAKE INPUT. TAX CREDIT. AND WE HAVE SO MUCH EXPENSES FOR THE SAME BUT WE CANT TAKE GST CREDIT IS THERE ANY WAY TO TAKE ITC.

Replies (2)

Quick Summary

This discussion addresses the common issue faced by cafes unable to claim GST input tax credit (ITC). Participants are seeking ways to reclaim ITC on expenses like rent, despite initial restrictions. The conversation explores whether charging GST and the applicable rate, or being on a composition scheme, affects the ability to claim ITC.