sagar diwan 22 November 2020
i am working in a hospitality firm, there are attached restaurant with hotel, my question is,if we considered restaurant as a non specified area, then chargeable gst rate is 5% (without INPUT TAX CREDIT), can we claim Itc on equipments used in restaurant or not?
Pankaj Rawat (GST Practitioner) 22 November 2020
In term of Section 17(2) No you cannot.
yes if the food is supplied in Rooms then ITC on inward supply in restaurant can claim as per Rule 42 & 43 Read with Section 17