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ITC claim on equipments purchased
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?
Replies (6)
Quick Summary
Only outdoor catering or resturant inside five star hotel can claim ITC now
No
you can not claim ITC on equipments used in restaurant
you can not claim ITC on equipments used in restaurant
I too agree with this.
Dear Sagar
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
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
Thank you all of you for guiding me.
You cannot claim ITC in this case.
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