Gst of life insurance policy

This query is : Resolved 

17 October 2018 Receipt of Every Life Insurance Policy is shown Policy Amount + GST Amount.

Can Claim GST of Proprietor's Personal Life Insurance Policy?

12 November 2018 No. We cant avail ITC on insurance service. Please read sec 17(5) for more clarification.

13 November 2018 Please give details of Sec 17(5)

13 November 2018 One Insurance Company Billed with our company GST Number and charged GST @18% for vehicle Insurance. This ITC is shown in our GST2A. Can I claim this GST


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