We are providing restaurant service through Swiggy & Zomato. Can we claim ITC credit for the commission and Service Charge charged by Swiggy and Zomato?
7 Replies
RAJA P M
("Do the Right Thing...!!!")
(128096 Points)
Replied 18 April 2024
What percentage of GST You charged in sales...??
PANACEA CONSULTANTS
(15 Points)
Replied 18 April 2024
GST charged & Paid By Swiggy & Zomato u/s 9(5)
RAJA P M
("Do the Right Thing...!!!")
(128096 Points)
Replied 18 April 2024
| Originally posted by : PANACEA CONSULTANTS | ||
 |
GST charged & Paid By Swiggy & Zomato u/s 9(5) |  |
As per Your first query, You asked for avail the ITC from their charged commission.
But, I asked about You charge GST on that foods and others...
RAJA P M
("Do the Right Thing...!!!")
(128096 Points)
Replied 18 April 2024
If the restaurant under 5 percent tax bracket then ITC is not available for the said commission charges paid to the swiggy, Zomato and others.
Danish Abbas
(153 Points)
Replied 18 April 2024
ITC are not allowed on all the input and input services associated with restaurant services.
CA Anoop Kumar Sharma
(Accounts Manager)
(2070 Points)
Replied 19 April 2024
GST 5% charged when opted composition scheme in the case of restaurant and cratering service ,so ITC not allowed.
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