Hai all....
When a restaurant is opting for composition scheme under GST, they are not suppose to issue tax bill, but can they claim input on their purchases in any other business? For example: can they claim the input from purchases for restaurant in their hotel/lodging business? provided both restaurant and hotel/lodging have different registerations under KVAT but same GSTIN.
Thanks in advance.....
No, a Composition Dealer is not allowed to avail input tax credit of GST paid to their supplier.
AGREE WITH ABOVE ALL, IF YOU ARE OPT . COMPOSITION SCHEME . YOU CAN NOT AVAIL FOR ANY ITC
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