Car Insurance Premium

Page no : 2

pradeep kumar (245 Points)
Replied 02 November 2017

vehicles insurance can allowed for itc

pradeep kumar (245 Points)
Replied 02 November 2017

sale of scrap or waste sold liable for gst?

RAJA P M ("Do the Right Thing...!!!")   (128091 Points)
Replied 02 November 2017

Originally posted by : pradeep kumar
sale of scrap or waste sold liable for gst?

 

Yes...


Parv Kumar (Student) (4037 Points)
Replied 02 November 2017

Yes. Slae of scrap is also taxable under GST.

CA Haritha Komma (Chartered Accountant) (1147 Points)
Replied 25 May 2019

Mention the nature of business once

In general, ITC on car insurance is not available from 1st Feb'19 as per section 17(5). Prior to said date, it is not specifically restricted but may be disputed..




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