Claim input gst of standard fire & special perils policy
This query is : Resolved
10 April 2019
Sir/Madam,
We have a manufacturing company and Insured its Building, Plant & Machinery etc under "The New India Assurance Company Limited". In March 2019 I had renewed my policy and received a GST Invoice with my GSTIN and clearly mentioned Insurance amount, CGST and SGST, can I take Input of this invoice.
We have a manufacturing company and Insured its Building, Plant & Machinery etc under "The New India Assurance Company Limited". In March 2019 I had renewed my policy and received a GST Invoice with my GSTIN and clearly mentioned Insurance amount, CGST and SGST, can I take Input of this invoice.
10 April 2019
In my view ,
You can take ITC on insurance on Building , Plant & Machinery
Sec 17(5) Blocks credit on health Insurance & Insurance on Motot Vehicle only
You can take ITC on insurance on Building , Plant & Machinery
Sec 17(5) Blocks credit on health Insurance & Insurance on Motot Vehicle only
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Credit rating model
- Youtube income
- 115-BAC-for AOP-private discretionary trust
- IN PAGHDI SYSTERM . RENT RECPT CHANGE OF NAME AFTER FAMILY PARENTS TO SON
- Insurance make against any item and later get insurance claim received
- Surcharge applicability on LTCG loss
- CAN a GSTIN registered under rule 14A opt for composition scheme without withdrawal from rule 14A ??
- ITR-U for AY21-22
- Cgst asmt - 10
- If Material shift from dry port local egm details not refleting on ICE gate portal
- Query regarding applicability of UDIN on MCA forms signed using DSC by a Chartered Accountant
- GST ON PERSONAL MOTORCAR SOLD
- Cash gift by grand mother to her grand daughter
- APPLICABILITY OF RCM ON MAN POWER SUPPLY BY UN REGISTERED PERSON TO REGISTERED PERSON.
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Spice form, ? mark comes in address
- Tds on GST in connection with sale to public company
- B2B Amendment
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
