Eye Share : Denial of ITC to Restaurants – Whether Mandatory?

One the main objective of introduction of GST regime was obliteration of cascading effect of taxes prevalent under erstwhile IDT era. However, recent developments under the GST regime reflect a departure from said position since this very feature has been prohibited in case of restaurant and other similar services involving supply of food and beverages.Mr. Shankar Rochlani (Senior Associate, Lakshmikumaran & Sridharan Attorneys) along with Mr. Arpitpushp Chaturv...