Catering services and additional business with that

317 views
User Avatar

Proprietor
230 Points Posted on 27 October 2020
One of my client is doing outdoor catering services. He is collecting 5% GST and for that without claiming any input tax I am filing his gst returns by discharging 5% GST under regular basis (not a composition dealer). But now in addition to that he want to sale a seperate product which is taxable at 18% which is not belongs to catering. Now can he claim input tax relating to that products seperately.
0 Reply Share Follow
On 27 October 2020 at 11:07 Report
Replies (6)
Quick Summary
A catering business owner is currently paying 5% GST on services without claiming input tax. They now wish to sell paints and hardware, which are taxed at 18%, as a separate product line. The advice given is to first add these new trading products to the existing GST registration via the GST portal. Once updated, input tax credits for these items can be claimed as usual.

User Avatar

GST Practitioner & Accounts
15146 Points Posted on 27 October 2020

What  is his  new  product  he  want  to sale with 18% GST ?. 

Reply
On 27 October 2020 at 11:17
User Avatar

Proprietor
230 Points Posted on 27 October 2020
That is different product which is not related to catering services
Reply
On 27 October 2020 at 13:36
User Avatar

3924 Points Posted on 27 October 2020
But what is the product name ?. that want to know .
Reply
On 27 October 2020 at 14:51
User Avatar

Proprietor
230 Points Posted on 27 October 2020
Name of the product is paints and hardware
Reply
On 27 October 2020 at 14:53
User Avatar

Audit Executive
54 Points Posted on 27 October 2020

first, you have to add the product which you are trading to your GST registration through the GST portal.

and you can claim input as usual.

1 Reply
On 27 October 2020 at 16:01
User Avatar

Proprietor
230 Points Posted on 27 October 2020
Ok thank you
1 Reply
On 27 October 2020 at 16:02

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. Guidance Required on Filing Fresh Registration und
  2. IT Return Refund Status AY 2026-27
  3. Clarification Regarding Income Tax Demand Notice
  4. Online PAN Download: Check How?
  5. Demand of Late fee/Interest under section 75 of GS
  6. DSC registration on TRACES portal
  7. Can we get registered for MCA if we get a Virtual
  8. DONATION PAYMENT REG
  9. GST IDS Refund – Statement 01A: Invoice Not
  10. TDS deposit code & TDS return

More recent discussions | Post

Related Topics :

Loading