Ad Free CAclubindia and Daily Updates on your Mobile. Subscribe Now!

GST rates of Hotel and Restaurant's Industry - whether regular or composition scheme?

Piyush Shirodkar (CA Final Student) (1358 Points)

28 August 2018

GST rates of Hotels and Restaurant's as on date are:

18% with ITC
5% without ITC

So my query is, whether "5% without ITC rate", is it regular or composition scheme?

Reply
Follow
Share

10 Replies

Pankaj Rawat (GST Practitioner) (55052 Points)
Replied 28 August 2018

In case of restaurant services:

For both , as composition dealer cannot claim ITC , & regular dealer not eligible for ITC as per Notification 46.

1 Like

Upgrade to CAclubindia Pro. Subscribe Now!

Vinod Babu (24191 Points)
Replied 29 August 2018

No ITC on restaurants

As per Notification No. 46/2017-Central Tax (Rate), dated 14th November 2017, standalone restaurants will charge only 5% GST but cannot enjoy any ITC on the inputs.

Piyush Shirodkar (CA Final Student) (1358 Points)
Replied 29 August 2018

What if restaurant has opted GST @ 18%?
Can they claim ITC in that case?

Pankaj Rawat (GST Practitioner) (55052 Points)
Replied 29 August 2018

NO THE RESURANT CANNOT OPT FOR 18% GST ON FORWARD CHARGE

1 Like

dushyant sharma (STUDENT) (50 Points)
Replied 17 June 2019

SO IT MEANS WETHER THE PERSON HAVE OPTED COMPOSITION OR REGULAR RATE IS 5% BUT NOT TO AVAIL OR UTILIZE INPUT CREDIT .

DO I AM CORRECT

Upgrade to CAclubindia Pro. Subscribe Now!

dushyant sharma (STUDENT) (50 Points)
Replied 17 June 2019

SO IT MEANS WETHER THE PERSON HAVE OPTED COMPOSITION OR REGULAR RATE IS 5% BUT NOT TO AVAIL OR UTILIZE INPUT CREDIT . DO I AM CORRECT

dushyant sharma (STUDENT) (50 Points)
Replied 17 June 2019

SO IT MEANS WETHER THE PERSON HAVE OPTED COMPOSITION OR REGULAR RATE IS 5% BUT NOT TO AVAIL OR UTILIZE INPUT CREDIT . DO I AM CORRECT

dushyant sharma (STUDENT) (50 Points)
Replied 17 June 2019

SO IT MEANS WETHER THE PERSON HAVE OPTED COMPOSITION OR REGULAR RATE IS 5% BUT NOT TO AVAIL OR UTILIZE INPUT CREDIT . DO I AM CORRECT

Pankaj Rawat (GST Practitioner) (55052 Points)
Replied 18 June 2019

yes correct !!!!!!!!!!!!

hourlyhotels (web design) (22 Points)
Replied 10 October 2020

In May, the American Hotel & Lodging Association (AHLA) brought "Safe Stay, " an enterprise-wide, stronger general of fitness and protection protocols designed to put together America's lodges to securely welcome returned visitors and employees. hotel on hourly basis The Stay Safe guidelines cope with worker and visitor health, worker duties, cleansing products and protocols and physical distancing.