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ITC setoff applicability

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138 Points Joined September 2018
main exempted goods ka export karata hu to jo mera ITC hai or sath hi sath m restaurant ki service v provide karata hu gst rate 5% m to kya m apana resturant wala output ko apane export wala input se Setoff kar sakata hu. plz. suggest me...
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On 18 August 2020 at 18:20 Report
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Tax and Business Consultant
11616 Points Joined July 2015
Is both business are under same GST number..?
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On 18 August 2020 at 19:57
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138 Points Joined September 2018
Yes both are including one gst no.
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On 18 August 2020 at 20:11
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CA
1258 Points Joined May 2020

If the final output is exempted from GST then the ITC of such goods cannot be claimed against any other goods

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On 21 August 2020 at 23:46

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