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 on guest house rent denied; claim not admissible for company accommodation of employees and visitors.
Whether a company may claim Input Tax Credit on rent paid for a guest house used to accommodate senior employees and external persons such as engineers and auditors: the advisory position communicated is that such ITC on guest house rent is not admissible.