Can Restaurant Can Claim on input

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..... Dear Sir/Madam, Can Restaurant holding Franchise, and leving GST on Foods Sales @5%, claim ITC for Royalty or any other input. - Reply By DR.MARIAPPAN GOVINDARAJAN - The Reply = In my view no. - R .....

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..... eply By KASTURI SETHI - The Reply = I support the view of Dr.Govindarajan, Sir. - Reply By CAHemanth Kumar B - The Reply = Dear sir, Rate of 5% is subject to ITC restriction. Therefore cannot cl .....

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..... aim ITC. Further to note that ,this change is made by Notification No. 46/2017- Central Tax (Rate) dated 15.11.17 with an explanation that the turnover of 5% would be considered as exempted TO an .....

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..... d reversal of ITC will be applicable in terms of section 17(2) read with rule 42 and 43 of CGST Rules, 2017 - Reply By YAGAY andSUN - The Reply = We endorse the views of our experts. - Can .....

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..... Restaurant Can Claim on input - Query Started By: - YUWRAJ KOTHARI Dated:- 8-11-2018 Goods and Services Tax - GST - Got 4 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expe .....

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..... rt, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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