I am regular gst dealer
i sell electric goods on my shop
and some time supply food in functions
if i charge 5% gst on food
am i en eligible to claim ITC on raw materials of food only
or my other work electric items also?
ITC on raw matetials of food
Replies (1)
No ITC is available if restaurant/electricronic shop is paying tax under 5% GST rate, and whereas if restaurant/electronic shop is covered under 18% GST rate, ITC can be claimed.
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