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Restaurant bills for input credit
sir when I was charged for gst 18 %in restaurant food bill am I eligible for input credit
Replies (8)
No you can't avail ITC
Provided it is being used for furtherance of business.
you can charge 18% only if you are located in a hotel premise where room rent per day even for a single room exceeds Rs 7500/- . For standalone restaurants GST rate is 5% without ITC.
No....it's block under Section 17(5).
Note : The Resturant has charged you 18% because it must be under specified premises (refer Notification 20/2019 CT (r)
Note : The Resturant has charged you 18% because it must be under specified premises (refer Notification 20/2019 CT (r)
sec 17(5) is not the correct section
sec 17(5) is not the correct section
if it is for captive consumption then can be used.
@ SABYASACHI
PLZ CAN YOU CLARIFY THE SECTION APPLICABLE IN THIS REGARD ????
KINDLY READ THE QUERY AGAIN . " WHETHER RECEIPIENT BEING ELIGIBLE TAKE ITC ON RESTURANT BILL"
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