gst credit on marine insurance .factory insurance
Trikam Panchal (28 Points)
15 November 2018
can we take gst credit on marine insurance ?
2 Replies
Mayur Patil
(Article)
(1276 Points)
Replied 15 November 2018
Yes you can avail ITC
Sec 17(5) have restriction on life and health insurance, there's not any restriction on general insurance.
Sec 17(5) have restriction on life and health insurance, there's not any restriction on general insurance.
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 15 November 2018
Yes... You can claim ITC for the Insurance.
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