Itc

This query is : Resolved 

01 December 2018 Dear Sir
I am going to start Hotel work . and we purchase TV , Geyser, AC, Furniture, electrical Fitting , Sanitary Fitting , Phone, Linen, Bed Sheet, Cloth, Towel,Lift, Flooring , Fridge, Kitchen Equipment Etc

Now , Can I Take GST Input on that Purchase.

Please suggest

Thanks

02 December 2018 In hotel industry GST rate on output liability will be 5% without ITC so no input will be allowed.. However if you have taxable services e.g. room rent on which tax to be paid then ITC will be allowed proportionately..



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries