Hi friends,
In restaurants if we are charging 5% GST on food & beverages , can i avail GST input on capitalised assets.please confirm
Hi friends,
In restaurants if we are charging 5% GST on food & beverages , can i avail GST input on capitalised assets.please confirm
No......... if under Composition scheme..........
Yes, to capital assets provided under normal registration........
Hi Sir,
Thanks you very much.
From 15th Nov 2017 we opted 5% GST. but our turn is above 120 lakhs. can we avail GST input on Capital assets. please confirm
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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CAclubindia
