No ITC reversed for the portion of the LIC premium not included in the taxable value, as per Rule 32(4)

CA Amit Harkhanipro badge , Last updated: 03 September 2024  
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Life Insurance Services Life insurance companies provide services by insuring the life of the insured. In exchange, they charge a premium, which may include components for both risk cover and investment/savings. Policies with Investment Components Some life insurance policies include an

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Published by

CA Amit Harkhani
(CA in Practice)
Category GST   Report

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