Can Restaurant Can Claim on input

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....an Restaurant Can Claim on input<br> Query (Issue) Started By: - YUWRAJ KOTHARI Dated:- 8-11-2018 Last Reply Date:- 12-11-2018 Goods and Services Tax - GST<br>Got 4 Replies<br>GST<br>Dear Sir/Madam, ....

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....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. Reply By KASTURI SETHI: ....

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....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 claim ITC. Further to note that ....

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....,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 and reversal of ITC will be applicabl....

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....e 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.<br> Discussion Forum - Knowledge Sharing ....