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INPUT TAX CREDIT FOR HOTEL
Sir/, Madam my friend has a hotel accommodation, he purchased a generator of rs 5,95,000/- input tax is 90,000/- can he claim that 90,000 while filing GST ??? kindly reply..
Replies (4)
What about the hotelier folowed the GST rule...??!
Input tax credit for hotel mainly for asset purchased.
If the hotel is following 18%itc on the output supply.. then it can take the itc on generator.
if it is following 5 percent, then the itc on generator has to be reversed.
if it is following 5 percent, then the itc on generator has to be reversed.
Is your friend a hotelier or a customer who had an accomodation in a hotel?
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