Dear Experts,
We are the manufacturing company in Bangalore. We are buying foods to our employees from a small hotel, which is not registered with GST. We are paying monthly basis and average monthly payment will be about Rs. 50,000/- for a month (For 30 days consumption).
Now my problem is that, whether Reverse charge is applicable to us or no reverse charge since per day limit is not exceeded Rs.5000/-
If Reverse charge is applicable, what will be the rate and can avail the ITC on the same.
Kindly explain
Thanking you