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Insurance claim

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29 January 2018 Whether Insurance claims received for damage/destroy of vehicle amounts to supply?. Is GST To be collectable..?
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CA Amrita Chattopadhyay

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CA Amrita Chattopadhyay (Expert)
30 January 2018 GST is chargeable on the insurance premium. It is not chargeable on the amount received for insurance claims.

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