ITC available on factory insurance

ITC / Input 4588 views 7 replies

ITC available on expenses of factory insurance??

Replies (7)
no itc of life insurance(note only life insurance) available as per 17(5)

however if ur factory is required to take life insurance compulsorly required by government ...then itc will be allowed.
yes itc available on factory insurance..
yes available , they have restricted ITC on life insurance and health insurance
factory insurance is general insurance the ITC ofwhich is open i mean allowed
ya itc of factory insurance is allowed.

ITC available on expenses of Vehicle insurance?

Yes, allowed

YES,ALLOWED.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register