Gst on insurance premium for mbd policy

This query is : Resolved

Srinivas (Querist)
Follow

26 July 2017 Kindly confirm that GST is applicable on insurance premium for Machine break down policy and it is eligible for ITC.

Regards
P.Srinivas

CA S K MISHRA (Expert)
Follow

26 July 2017 Yes, GST applicable on premium paid on MBD policy @18%

CA S K MISHRA (Expert)
Follow

26 July 2017 Yes, GST applicable on premium paid on MBD policy @18%

Srinivas (Querist)
Follow

26 July 2017 Thank you sir, can we take ITC against this GST

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Unanswered Queries

view all classess