ITC ON RESTAURANT FOOD BILLS
Yasir (article assistant ) (466 Points)
15 June 2024
prasad Nilugal
( GST Practitioner & Accounts )
(14801 Points)
Replied 15 June 2024
No, Can not take input tax credit, It's block credit as per section 17(5)(b)(I) of the CGST Act 2017 , please refer and confirm.( Food & Beverages )
CA Anoop Kumar Sharma
(Accounts Manager)
(2065 Points)
Replied 15 June 2024
No, it is blocked input as specified in section 17(5).