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ITC in case of restaurant

21 September 2020

in case of regular gst no in restaurant business, whether ITC is allowed or not. if vary with the case, kindly provide details.

what is threshold limit in restaurant business to take gst no.

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2 Replies

shivam prjapati (9 Points)
Replied 21 September 2020

It comes under service, and threshold limit to take gstn in case of service is 20 Lac per annum

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Pankaj Rawat (GST Practitioner) (55032 Points)
Replied 21 September 2020

15-11-2017 vide Notification No. 46/2017-Central Tax(Rate) All stand-alone restaurants irrespective of air conditioned or otherwise, will attract 5% without ITC.
Hence ITC not available.

As per Schedule II the Restaurant business is cover under supply of services & in term of Section 22 of CGST Act the Threshold limit to obtain registration for supplying of services is 20Lac per annum

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