GST Input
Emerson.C (Asst., Manager) (218 Points)
04 January 2019Workmen Compensation policy input is allowed to take input credit @ GST.
Kindly update.
Rakesh Bandal
(Self Employed and Agriculture)
(1349 Points)
Replied 04 January 2019
Yes, if it is compulsory as per Factories Act
section 17(5) of CGST Act specifically disallows life insurance policies except compulsory to be taken under any government provisions
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Form 10 B and Form 10BB: Handle Tax Audit Reports of Charitable Organizations(with recording)