Input credit restaurant small business

Sonia Shirodkar (Manager Accounts) (15 Points)

27 October 2018  

Dear Sir,

 

Is ITC credit available for restaurant which turnover is below 20 lacs.

Our director is starting a restaurant and he has been informed by CA that he can avail ITC if his turnover of restaurant is below 10 lax.

But I am not finding any notification for it.

Kindly help.

SONIA