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Ineligible Input
If a person registered under GST has food in a restaurant then the GST paid in the bill cannot be claimed as input but if he stays in the hotel the GST paid on room rent can be claimed as input. Is it right?
Replies (2)
credit is available for any input used for output service or product... such expense that you are saying can be taken as expenses under business promotion or any other same head...but the credit shall not be available of gst on goods or room
credit is allowed on room rent as it is in furtherance of business
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