We are providing restaurant service through Swiggy & Zomato. Can we claim ITC credit for the commission and Service Charge charged by Swiggy and Zomato?
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ITC On Commision & Service charge Swiggy
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Quick Summary
What percentage of GST You charged in sales...??
GST charged & Paid By Swiggy & Zomato u/s 9(5)
| Originally posted by : PANACEA CONSULTANTS | ||
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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...
5% on Restuarant Service
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.
ITC are not allowed on all the input and input services associated with restaurant services.
GST 5% charged when opted composition scheme in the case of restaurant and cratering service ,so ITC not allowed.
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