may i can claim credit gst pay in restaurant bill ?
3 Replies
CA Mayur Todmal
(Practicing CA)
(7756 Points)
Replied 11 August 2018
no , you can not claim unless you are in the business of restaurant
Vaishnavi Ganesh
(Chartered Accountant)
(861 Points)
Replied 11 August 2018
Not allowed to take ITC unless you are in the same line of business.
Shivam RC
(Student)
(23683 Points)
Replied 11 August 2018
No....
You are not eligible to get ITC on Restaurant bill as the credit is Blocked u/s 17(5).
However, if you are in the same line of business, then ITC available
You are not eligible to get ITC on Restaurant bill as the credit is Blocked u/s 17(5).
However, if you are in the same line of business, then ITC available
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