Input Tax Credit in case of Composite bill of Rest
As per the new notification there is 5% GST on restaurant bill without ITC. My query is if a customer book a room in my hotel for 5 days through go ibibo/Make my trip(MMT) and at the time of check out I make a composite bill of food he ate in my restaurant and accommodation together. Do I need to reverse the partial input tax credit of GST paid on commission charged by go ibibo/MMT on that booking? Go ibibo/MMT is charging commission on room charges only. more
Viewed by 678
MMT must be showing commission on room booking in bills .Hence no need of reversal of ITC more
Nov 27
Govt had waived penalty on late filing of GST return and also extended filing dates. However, system showed a penalty amount which I had to pay as next return could not be filed without first paying the same. All returns are zero returns as no business has so far been transacted. How would I get this refund? more
Nov 27
