Can we claim Input Tax Credit (ITC) for hotel operations if there is an existing ITC balance from earlier periods when room tariffs were taxed at 12% (with ITC eligibility)? As per the current GST rule, hotel room tariff is charged at 5% without ITC. I want to know whether the old ITC balance can still be utilized for other eligible expenses or offsetting tax liabilities or if it needs to be reversed since the hotel is now under 5% without ITC category.