GST Taxability of Salvage/Wreck Value in Motor Vehicle Damage Claims

CA Amit Harkhanipro badge , Last updated: 03 September 2024  
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The insurance companies, which are engaged in providing general insurance services in respect of insurance of motor vehicles, insure the cost of repairs/damages of motor vehicles incurred by the policyholders. Such damages to the insured vehicle are classified in two categories: 1. Total Loss/ Cons

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Published by

CA Amit Harkhani
(CA in Practice)
Category GST   Report

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