Gst on mediclaim insurance premium

This query is : Resolved

ARUN GUPTA (Querist)
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01 October 2023 I have take mediclaim and paid premium with gst on it.The company took my gst no and showed in the gst returns.

Can I claim ITC ON MEDICLAIM PREMIUM PAID IN MY PROPRIETORSHIP GST FORM?

PLEASE ADVISE AND CLARIFY?

ARUN GUPTA

ARUN GUPTA (Querist)
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01 October 2023 I have gst registered proprietorship firm

RAJA P M

RAJA P M (Expert)
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01 October 2023 What is the purpose of the insurance...??? If this is Your self then You can't claim ITC... In case it's for Your employees then you can claim.

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ARUN GUPTA

ARUN GUPTA (Querist)
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01 October 2023 This is for my self as I am proprietor of my firm

RAJA P M

RAJA P M (Expert)
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01 October 2023 The ITC is not available. It's under ineligible ITC.

ARUN GUPTA

ARUN GUPTA (Querist)
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01 October 2023 My wife is the employee of firm.Can I claim ITC on mediclaim premium paid by my firm as employee?

CA Altamush Zafar

CA Altamush Zafar (Expert)
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02 October 2023 ITC on mediclaim insurance premium is not available even if taken for employees. Its only available if such insurance is made mandatory by law..