A company taken policy of group medical insurance and Accidental insurance to his staff members.
Can gst input avail on such service
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Life Insurance and Health Insurance:
- ITC on life and health insurance is generally blocked.
- Exceptions include cases where it’s mandatory for employers to provide such insurance to employees.
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Group Health Insurance for Employees:
- ITC on health insurance for employees is not available under GST.
- However, if mandated by labor laws, it can be claimed
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