9911796707
TMI BlogITC on outdoor caterer supplying food in company under Factories Act, 1948X X X X Extracts X X X X X X X X Extracts X X X X ..... ITC on outdoor caterer supplying food in company under Factories Act, 1948 X X X X Extracts X X X X X X X X Extracts X X X X ..... Got 4 Replies X X X X Extracts X X X X X X X X Extracts X X X X ..... Also let me know whether any purchases more than ₹ 5000/- for company pantry like tea, biscuits, cold drinks etc from unregistered party will attract GST in RCM. Reply By HimansuSekhar Sha: Th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e Reply: Foods are specifically excluded under sec 17(5) The expenses will attract RCM Reply By Ramaswamy S: The Reply: Foods and beverages are under negative list. Supplies from an unregistered p ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... erson attracts RCM. Regards S.Ramaswamy Reply By KIRTIKUMAR PUROHIT: The Reply: Nature of Expense Rate of Tax Whether registered supplier will levy tax Reverse Charge(If supply is unregistered) Whe ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ther Eligible for Input Credit Food & Beverages Expense (AC restaurant) 18% Yes Yes No Mineral water 18% Yes Yes Yes Outward supply to the same category of business Register in GST for as a part of f ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... urtherance of business than recipient can eligible for ITC otherwise Not.
Reply By HimansuSekhar Sha:
The Reply:
More over food items are excluded from the purviews of ITC. X X X X Extracts X X X X X X X X Extracts X X X X ..... owledge Sharing ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
