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Restaurants 5%

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31 Points Posted on 18 February 2019
Restaurants normally rate 5% can they claim itc??
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On 18 February 2019 at 01:17 Report
Replies (7)
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Chartered Accountant
412 Points Posted on 18 February 2019
Yes they can of they are not registered under composition scheme
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On 18 February 2019 at 07:39
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Student
23693 Points Posted on 18 February 2019
Not Allowed....

Incase of both Composition Scheme and Regular Scheme , the Restaurant Service Providers are not allowed to claim INPUT TAX CREDIT ( ITC ).

COMPOSITION SCHEME :

GST RATE : 5% ( ITC Blocked )

REGULAR SCHEME :

GST RATE : 5% ( without ITC )

Regards.
1 Reply
On 18 February 2019 at 09:01
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Chartered Accountant
412 Points Posted on 18 February 2019
@ Shivam is correct. I missed out the notification. You cannot claim itc in restaurants
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On 18 February 2019 at 09:08
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31 Points Posted on 18 February 2019
Can you please mention particular notification for restaurants in regular scheem and rate 5%
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On 18 February 2019 at 09:35
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Student
23693 Points Posted on 18 February 2019
As per Notification no. 46/2017 CT ( RATE ) dated 15-11-2017, GST Rate for Restaurant is 5% without ITC. 
Hence, Restaurant cannot claim ITC. 
2 Reply
On 18 February 2019 at 13:32
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252 Points Posted on 09 March 2019
the restaurant service a composite supply??
2 Reply
On 09 March 2019 at 01:05
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Student
7053 Points Posted on 09 March 2019
yeah natural bundle
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On 09 March 2019 at 01:06


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