GST input on insurance of Fixed Assets


This query is : Resolved 

17 April 2022 whether GST Input can be claimed on Fixed assets insurance for Motor car and Building ( Factory or official)


18 April 2022 As section 17(5) of CGST Act does not block the input on building Insurance, taxpayer is eligible to take GST input paid on building Insurance.
ITC on car insurance can't be claimed.


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