Gst input credit on insurance premium for assets of company

This query is : Resolved 

14 March 2018 Please clarify whether GST Input on insurance premium paid for company assets is available as input

For info: Input on life & health insurance are excluded from GST input credit under sec 17(5) of GST Act but there is no mention of other insurance.

14 March 2018 ITC is available on insurance premium paid for the above case.


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