Eligibility of ITC on food and beverages
This query is : Resolved
17 January 2021
One of my client is registered under gst and main business is food supply, for this he is under 5% slab, collecting gst from customers and remitting.
Is he eligible to claim ITC on carry bags, which he uses it for packing the food.
Note: The supplier charges 18% GST on carry bags.
Please clarify with link.
Is he eligible to claim ITC on carry bags, which he uses it for packing the food.
Note: The supplier charges 18% GST on carry bags.
Please clarify with link.
17 January 2021
SAME IS AVAILABLE AS IT IS FOR THE BUSINESS PURPOSE
17 January 2021
good question. Since the carry bag is used to carry the food. In my opinion you no ITC will be available.And in my view you should charge 5% on carry bag also being composite supply.
17 January 2021
IN MY OPINION SAME IS AVAILABLE AS IT IS USED TO PROVIDE TAXABLE SUPPLIES..
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