Itc on hotel

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PARTNER
2030 Points Posted on 09 September 2018

PLS CLEAR IF HOTEL HAVING TURNOVER 3CR
IN FOLLOWING HEAD
ROOMS 1 CR
BANQUET 1 CR
RESTAURANT 1CR

MY QUESTION IS WETHER HOTEL MAY ADOPT 5% rate on restaurant 
Secondly what about the input on supplies on Provisions which are using in room service, banquet and restaurant 
🙏🏻🙏🏻

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On 09 September 2018 at 17:00 Report
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Student
1919 Points Posted on 09 September 2018
5% Fot all without availing input whether provided in room, restaurant or delivery.
GST Council's decision to cut tax rate for restaurants to 5 per cent without input tax credit will help restaurants across India rationalise tariffs.
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On 09 September 2018 at 17:41
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GST Practitioner
29904 Points Posted on 09 September 2018
As per notification 46/2017 :

Restaurants without ITC, charge 5%.
Restaurants in hotel where room tariff is 7500/- or more , charge 18% with full ITC
So if the room tariff in your hotel is more then 7500/- for any room cannot adopt 5% GST without ITC

Yes you can claim input on Inward supplies
towards Room & Banquet . but cannot take ITC towards restaurant if adopt 5% on forward charge.
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On 09 September 2018 at 18:02
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PARTNER
2030 Points Posted on 09 September 2018
Thanks it’s mean there is no issue where input material used ITC will be availabie in other services
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On 09 September 2018 at 18:06
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GST Practitioner
29904 Points Posted on 09 September 2018
Yes definitely..
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On 09 September 2018 at 18:06
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11239 Points Posted on 09 September 2018
Agree with Pankaj sir...
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On 09 September 2018 at 18:38

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