Input claimed

108 views 2 replies
User Avatar

101 Points Joined August 2017
Dear experts, a canteen rent paid Rs.30000 and GST paid at 18%, on what conditions ITC may be claimed on sales of tea, coffee snacks sold. Will any one please clarify?
0 Reply Share Follow
On 20 January 2021 at 10:06 Report
Replies (2)
User Avatar

13 Points Joined January 2019
My Mindvoice: ITC is not available for supply of food and beverages, right?...🤔🤔
Reply
On 20 January 2021 at 10:36
User Avatar

CA Aricle Assistant and CA final pursuan
42 Points Joined June 2016
If you're paying 5% tax on your outward supplies, you're not eligible to claim ITC.
Reply
On 20 January 2021 at 11:48


CCI Pro

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Threads

More recent discussions | Post

Related Threads
Loading