M Com FCS LLB M-AIMA
14043 Points
Joined June 2009
For restaurent business GST rate is 5% without ITC. if a restaurent is sitauted in own building or in a stand alone building (not inside any hotel where room rent is 7500 or more or inside a hotel where room rent is less than 7500/-).
if on the other hand it is situated inside an hotel with room rent of Rs 7500/- or more then it can claim ITC with GST at 18%.