21 December 2017
Please help with the following queries.
1. Can GST input credit be availed against cash payment of bills relating to refreshment, food, stationery like petty expenses where the GST has been charged on cash memos but there is no GSTN of the company making the payment(mostly by staff)
2. Can a company claim input credit against the bills of food and beveries supplied by the hotel where its officers and guests stayed during local/outstation tours.
21 December 2017
Hi Udaya thanks for responding. I agree on the first point but regarding 2nd point further to clarify that prior to 15th Nov the rate of GST on food served by restaurants in any hotel were charging GST @ 18%. My impresseion is that where the Rate of GSt charged by such hotels is 18% input credit is allowed. Can you clarify this point.
But after 15th Nov the rate has been revised to 5% without ITC..
CAclubindia
