A Restaurant is selling Food items and MRP products
It pays GST at 5 % on food items
It pays GST on MRP products at 18%, can it claim ITC on these products alone?
Or does it have to pay 5 % on MRP products also!?
If so would it not be double taxation of 5% on 18%?
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gst double taxation on restaurant
Replies (2)
As per CGST(rate) Notification no. 46/2017 , Rate for Restaurant is 5% without ITC
Hence Restaurant cannot claim ITC
Note : Restaurants in hotel where room tariff is 7500/- or more , charge 18% with full ITC
Hence Restaurant cannot claim ITC
Note : Restaurants in hotel where room tariff is 7500/- or more , charge 18% with full ITC
Restaurant service provider are penalized by Councils by Issuing Notification 46/2017, to Charge GST 5% without ITC
The Restaurant Services who are providing services on MRP shall be Composit Dealer as they cannot show Or collect GST from Customer .... are liable to pay GST on MRP from his pocket
And Rate of 18% on restaurant services only in as Mr. Saurabh replied
The Restaurant Services who are providing services on MRP shall be Composit Dealer as they cannot show Or collect GST from Customer .... are liable to pay GST on MRP from his pocket
And Rate of 18% on restaurant services only in as Mr. Saurabh replied
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