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GST input
What is continental plan?
Okay u are availing continental service. What service you are providing?
In that case you will get full ITC as per section 17(1) and 17(5) of CGST Act.
|
Type of Restaurants/Hotels/Lodges |
GST Rate |
|
All restaurants |
5% no ITC |
|
Restaurants within hotels (room tariff <7,500) |
5% no ITC |
|
Restaurants within hotels (room tariff >7,500 ) |
18% with ITC |
|
Outdoor catering |
18% with ITC |
|
Hotels & Lodges with tariff below Rs. 1000 |
Exempt |
Since you are providing same category of service or as an element of composite or mixed supply you will be eligible for the ITC.
An outdoor caterer purchasing sweets from Tiwari sweets is eligible to take ITC. Also see GST rate provided by Mr. Prasad above.
I am not sure about ITC for continental plan , because it may be in restaurant or in Hotel attach to restaurant .
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