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ITC ON RESTAURANTS
Is there any way to claim ITC on expenses incurred by restaurants. Sales made only through swiggy and zomato and what is the effective GST rates.
Replies (2)
Quick Summary
5% with No ITC
18% with ITC Claim
18% with ITC Claim
You cannot claim ITC .... in term of Notification 46/2017 CT(r) the Restaurant Service provider are not allowed to claim ITC , it's 5% without ITC.
Note
Only Restaurants in hotel where room tariff is 7500/- or more , need to charge 18% with full ITC
Note
Only Restaurants in hotel where room tariff is 7500/- or more , need to charge 18% with full ITC
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