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canteen ITC

GST - Started By: - Madhavan iyengar - Dated:- 11-1-2019 Last Replied Date:- 17-1-2019 - In case of a company which has provided a canteen facility ( ie eating place) with food served by caterer. First Scenario Caterer has following billing pattern he charges 5% GST. Company recovers part amount from employee Issue: Whether Company can discharge GST on recovered amount from employee @5% or company has to discharge gst on full value of canteen bill will valuation rule come into play since employe .....

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s 28, the value of supply of goods or services or both between related persons will be valued at the the open market value of such supply Sec 2(73) defines the market value which mean the full amount which a recipient of a supply is required to pay in order to obtain the goods or service or both of like kind and quality at or about the same time and at the same commercial level where the recipient and supplier are not related. Going by the above, the amount recovered from the employee shall be p .....

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t you are saying is GST is required to be paid whether there is part recovery / full recovery from employees for canteen and GST is required to be paid on the entire canteen bill ie the market value. b) sec 17(5)(b) - credit is not allowed for out door catering except when an inward supply of goods or services (b) the following supply of goods or services or both- (i) food and beverages, outdoor catering, beauty treatment, health services, cosmetic and plastic surgery except where an inward supp .....

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e Reply = Dear Sir, In case of canteen supply CBIC has issued notification no.13/2018 dated 26th July 2018 provides inserts explanation to serial no.7 of notification no.11/2017 dated 28th June 2017 for clarifying the rate of tax for supply of canteen, mess, cafeteria of an institution such as a school, college, hospital, industrial unit, office by such institution or through any third party based on a contractual arrangement with such institution for such supply, provided that such supply is no .....

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