JAGANATHAN R ACMA, SAP(Fi-Co) (Manager Accounts and Finance) (915 Points)
13 October 2023My restaruant client paying the GST 5% on sales. and he is getting the packing material with 5%., can we take the gst Input.
Thanking you
CS Advocate Abhishek Goyal
(M Com FCS LLB M-AIMA )
(13706 Points)
Replied 14 October 2023
No cannot be taken for restaurant charging 5%
Sofiachloe
(Digital marketing)
(22 Points)
Replied 14 October 2023
My restaruant client paying the GST 5% on sales. and he is getting the packing material with 5%., can we take the gst Input. Thanking you. In most states, restaurants, like other enterprises with a revenue of more than ₹ 20 lakh, would be required to register for GST. If the yearly aggregate revenue of a restaurant in a 2048 cupcakes special category state exceeds ₹10 lakhs, the restaurant must register for GST GST on Food and Restaurants. GST on food items in India can be 5%, 12%, or 18% based on factors such as the establishment type and location of restaurants or food service providers among others. Goods and services tax has replaced the VAT and Service tax regime on food services
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 14 October 2023
sabyasachi mukherjee
(27574 Points)
Replied 15 October 2023
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 15 October 2023
sabyasachi mukherjee
(27574 Points)
Replied 15 October 2023
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 15 October 2023
| Originally posted by : sabyasachi mukherjee | ||
 |
All the conditions must be satisfied for taking input fir such credit. |  |
Hey Mr,
Read the query once again...
sabyasachi mukherjee
(27574 Points)
Replied 17 October 2023
CAclubindia
