dear sir
.
we are from hotel industry we are charging 5 percent on restaurant ...can we take ITC on food items purchased.....and what about other ITC ,s.....please help me out
6 Replies
Pankaj Rawat
(GST Practitioner)
(55057 Points)
Replied 13 January 2019
No ... Restaurants Service provider cannot Claim ITC ...as per Notification 46/2017 CT (r)
irfan
(accountant)
(74 Points)
Replied 13 January 2019
sir only on provision item or others also.....please let me clear
RAJA P M
("Do the Right Thing...!!!")
(128106 Points)
Replied 13 January 2019
All the ITC based on restaurant business...
irfan
(accountant)
(74 Points)
Replied 13 January 2019
we are from hotel industry we are giving rooms
Pankaj Rawat
(GST Practitioner)
(55057 Points)
Replied 15 January 2019
YES SUPPLIES PETAINING TO HOTEL ROOM RENT THE ITC CAN BE CLAIM
Recent Topics
- Requirement to prepare Consolidated financial stat
- Government grant not repayable
- Late fess for challan PMT 06 under self assessment
- Sustainable Luxury with Timeless Beauty – Ex
- Rebate u/s 87A on short term capital gains
- Unclaimed TDS of Previous Year
- FCNR DEPOSIT INTEREST EARNED REPORTING IN ITR
- Available for rent
- Refund of Excess TDD
- Business code under section ADA -WHERE TO FILL
Related Threads
Trending Online Classes
-
Live Course on EPF & ESI Act - Mastercourse(With Govt Certificate)
Mr.Balamurugan Ranganathan16 June 2025
CAclubindia
