ITC for restaurants

[anilkumar vajja]

Hello all,

If a restaurant is registered under normal scheme and pay gst @5% with out ITC,

1.can liable to pay GST on reverse charge basis

2.If so can he claim the GST paid on rcm basis as an Input

Thanks in advance

[CA Prachi Agnihotri]

yes

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[Praveen singh]

Yes! pay tax first then take input. 

On Fri, Mar 19, 2021 at 2:48 PM anilkumar vajja <vajjaan...@gmail.com> wrote:

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[anilkumar vajja]

But restaurants are not eligible for claiming ITC if paying tax @5%

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[Tejendra Thakker]

You needs to pay GST on RCM and restaurant ITC is blocked by the rate notification. Thus you are required to pay GST on RCM and No ITC is eligible for any goods or services procured including GST paid on RCM basis.

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Tejendra Thakker

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[Manish Saini]

NO ITC FOR RESTAURANTS WHATSOEVER.

Only available when charging 18% (restaurant is in hotel premises where room rent per day is greater than 1,000/-)

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