S Ganesh (Accountant) (76 Points)
14 August 2021Information: Sir, My Client (Pvt Ltd Co doing Software Service and Not covered ESIC and EPF) Medical Insurance Premium Paid for its staffs to Insurance Company, Insurer Collecting GST on Premium.
Question: GST on Insurance Premium is eligible to claim ITC ?
Thanks in Advance
CA. Sourav Sarkar
(Chartered Accountant )
(24578 Points)
Replied 14 August 2021
zulfikar sipai
(157 Points)
Replied 15 August 2021
CA Altamush Zafar
(GST Consultant)
(15907 Points)
Replied 22 August 2021
ITC is not available on any insurance on employees unless it is mandatory under any law.
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