Claim ITC On Insurance

01 October 2019

I have a car purchase ..

This car is for personal use

Can I claim insurance for this car?

Thanks.......

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7 Replies

Kumar Sushank (General Manager - Finance) (1040 Points)
Replied 01 October 2019

No, you can't claim ITC.

1 Like

RAJA P M ("Do the Right Thing...!!!") (127962 Points)
Replied 01 October 2019

No.... ITC not available.

jaheer hussain (577 Points)
Replied 01 October 2019

Personal use you can't claim ITC...

mehul kacha (16 Points)
Replied 01 October 2019

Thank You So Much All Of You....

Shivam RC (Student) (23683 Points)
Replied 01 October 2019

No You cannot claim ITC as it is specifically BLOCKED U/s 17(5) of the CGST Act 2017.

2 Like

MY Indians Tv (292 Points)
Replied 02 October 2019

As per section 17(5) of cgst act 2017, ITC is blocked for supplies in the nature of personal use

1 Like

Pankaj Rawat (GST Practitioner) (55047 Points)
Replied 02 October 2019

No .....you cannot claim ITC

1 Like

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