Restaurant bills for input credit
K.Devan (Manager Accounts) (60 Points)
08 November 2022
sir when I was charged for gst 18 %in restaurant food bill am I eligible for input credit
8 Replies
sabyasachi mukherjee
(27574 Points)
Replied 08 November 2022
Provided it is being used for furtherance of business.
CS Advocate Abhishek Goyal
(M Com FCS LLB M-AIMA )
(13709 Points)
Replied 09 November 2022
you can charge 18% only if you are located in a hotel premise where room rent per day even for a single room exceeds Rs 7500/- . For standalone restaurants GST rate is 5% without ITC.
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 11 November 2022
No....it's block under Section 17(5).
Note : The Resturant has charged you 18% because it must be under specified premises (refer Notification 20/2019 CT (r)
Note : The Resturant has charged you 18% because it must be under specified premises (refer Notification 20/2019 CT (r)
sabyasachi mukherjee
(27574 Points)
Replied 11 November 2022
if it is for captive consumption then can be used.
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 11 November 2022
@ SABYASACHI
PLZ CAN YOU CLARIFY THE SECTION APPLICABLE IN THIS REGARD ????
KINDLY READ THE QUERY AGAIN . " WHETHER RECEIPIENT BEING ELIGIBLE TAKE ITC ON RESTURANT BILL"
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