Dear Sir,
My client is in the business of running of BAR & Restaurant which include food and beverages(alcoholic). Kindly advice on the following questions:
Q1. Can we charge GST @ 5% (2.5% CGST and 2.5% SGST) in the invoice and pay to the GST Dept. vide NN.46/2017 CTR, dated 14/11/2017, vide item no.(ii)(a)(i).
Q2. If I am not eligible to avail vide NN.46/2017 CTR, dated 14/11/2017, vide item no.(ii)(a)(i), then what is the suitable method to apply the GST on my outward invoices.
Q3. Issuing invoice towards clubbing both food and beverages (liquor)- is it correct ?
For Sl. No.7 of Notification No.46/2017 has been amended with Notification No.20/2019. This is for your information.
Further You may charge GST @ 5% in the Invoice but there is restriction of Input credit.
Please go through the said Notifification sl. No.(i)(a)(ii) and explanations at the end of Notification for confirmation at your end.
Further go through rule 46A of CGST rules for issuance of Invoice.
CAclubindia
