Learning Events at BCAS

1. Indirect Tax Laws Study Circle Meeting on “Issues in the Hospitality Sector” held on Monday 14^th April 2025 @ Virtual.

The 1^st meeting of the Indirect tax study circle for 2025-26 was held on 14^th April, 2025 and attended by 90 participants. The Group Leader CA. Ronak Gandhi, prepared case studies covering the following contentious issues in GST pertaining to the hospitality sector:

a) Issues in determining the GST Rate for hotel accommodation services & restaurant services based on the room rate and the impact of additional services, such as extra beds, on such classification. b) Eligibility of ITC on capital goods used for restaurants and already put to use, if the hotel decides to opt in as specified premises. c) Classification conundrum (sale vs. services) for bakery and other ready to eat items supplied by eating joints, not operating as a traditional restaurant. d) Taxability of packaged food items, water bottles & other beverages sold by Quick Service Restaurants e) Tax implications of combo deals involving supply of food with alcohol for a lumpsum consideration f) Valuation issues for goods supplied below the cost by a restaurant g) Valuation issues for goods supplied to franchise-owned outlets vs company-owned outlets

A detailed deliberatio