IF THE TURNOVER OF HOTEL AND RESTURANT (COMBINED ) IS MORE THAN 1.5 CRORE , WHAT WILL BE THE APPLICABLE GST RATE ON RESTURANT AND ITC OF RESTAURANT ITEMS
Replies (6)
Quick Summary
This discussion clarifies GST implications for restaurants and hotels with a combined turnover exceeding 1.5 crore. It details the applicable GST rates for restaurants and the availability of Input Tax Credit (ITC) on restaurant items. The rates for hotel rooms are also outlined, varying based on the nightly tariff.