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Inputtaxcredit

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24 June 2022 we are running a small eatery, registered under gst. My query is if we charges 5%gst on food items
shall we get input tax credit on purchase of food items like rice,,sugar, oil etc. Please give your valuable suggestions, Thanks in advance.

K.B.Nagesha rao

24 June 2022 The GST rate levied on all restaurants (including AC and non-AC, both alcoholic and non-alcoholic) is 5% without an input tax credit.

24 June 2022 ITC is not available for restaurants




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