Q. 548 I have a hotel and restaurant ,my tarif is lower than 7500 per day/ per room, total annual supply for rooms is 2cr and restaurant sale is 1.20cr , I charge 18 GST on rooms and 5% on restaurant sale .Is the rate of GST for restaurant sale correct in view of restaurant sale is more than 1 cr ?

Ans. GST Rate depends upon tariff value which is lower than 7500 Rs., so rate is appropriately charged.

Q. 547 A composite supplier of services ( Sec 10 2A ) falling under 50 lakhs limit with 6 % GST , receives advance payment in March . Whether that shall be part of aggregate turnover as because of that advance the limit exceeds 50 lakhs . Whether that advance shall be part of turnover before March ? Eligibility of Sec 10 (2A ) will hold or not ?

Ans. In our view, advances received by you should not be considered w.r.t to computing aggregate turnover.

Q. 546 Transfer fee: As per GIDC rule, if there is change in shareholding then it’s a transfer of property and hence, they have charged transfer fee which have been paid with GST Are we eligible to claim ITC of GST paid on G.I.D.C Transfer Fee ?

Ans. Yes, you can claim ITC.