EXPERTS,
WE HIRED A CANTEEN SERVICE PROVIDER. HE PURCHASE MATERIAL FOR US AND COOKES FOOD FOR OUR EMPLOYEE. SIR WHAT WILL BE GST APPLICABLE ON HIS BILL.
CAN WE TAKE ITC ON IT. THANKS PLEASE REPLY
Sir the applicable rate of GST on Canteen Services ( Outdoor Catering ) is 18%.
Refer SAC CODE - 996333.
As far as Input Tax Credit ( ITC ) is concerned, you are not eligible to get it on food and beverages, Outdoor Catering as it is Blocked under SECTION 17 (5).
CAclubindia
