ITC available on guest house

[KARAN VERMA]

Sir, company takes guest house on rent for stay purpose of senior employees and outsider person like engineer, auditors etc

Whether company eligible to claim input credit on rent payment.

[KASTURI SETHI]

In my view, ITC on guest house is not admissible.

AI Summary

Input Tax Credit Not Allowed on Rent for Guest House Used by Employees and External Personnel A company inquired about the eligibility to claim Input Tax Credit (ITC) on rent payments for a guest house used by senior employees and external personnel like engineers and auditors. The response provided by a participant indicated that ITC on such expenses is not admissible.