Hi,
Can we claim GST ITC for Factory Fire & Burglary Insurance?
already answered by eminent scholors previously
5 Replies
Rama chary Rachakonda
(Master in Accounts & Lawyer email ID:ramachary64@gmail.com voice no:9989324294)
(5166 Points)
Replied 12 November 2021
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 12 November 2021
ITC is blocked in this case
Rajendra Prasad
(Employee Private)
(1867 Points)
Replied 12 November 2021
In my knowledge the said ITC is available, please refer Section 17(5).
CA Altamush Zafar
(GST Consultant)
(15971 Points)
Replied 12 November 2021
ITC is available on such insurance
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 12 November 2021
Thanks for the information
Recent Topics
- GST Invoices Series
- FILING OF ITR AY 20-21
- CLAIMING OF U CLAIMED RCM
- Building construction works
- REGARDING GSTR-9 F.Y 2023-24
- Rectification to decrease income in SCHEDULE OS
- Can Statutory Auditor of a subsidiary become concu
- Client Asking for the Revised Invoice
- Share office desk in bkc, near family court
- 80D claim for payment paid by parent
Related Threads
CAclubindia
