cross utilisation of itc

[VINAY AGRAWAL]

dear sir/ madam,

can we utilize ITC kept of hotel business with ITC payable on restaurant business, please share case laws in favour of your opinion.

AI Summary

Input Tax Credit Can Flow Across Business Verticals Under Same GST Registration Without Strict One-to-One Mapping A discussion forum explored the cross-utilization of Input Tax Credit (ITC) between different business verticals under the same GST registration. Multiple experts confirmed that one-to-one correlation is not mandatory for ITC usage. Case laws from Aristo Bullion and Larsen & Toubro support utilizing ITC across services within the same GSTIN, provided inputs are used in business furtherance and not specifically blocked under Section 17(5) of the CGST Act.