Gst on insurance premium for mbd policy

This query is : Resolved 

26 July 2017 Kindly confirm that GST is applicable on insurance premium for Machine break down policy and it is eligible for ITC.

Regards
P.Srinivas

26 July 2017 Yes, GST applicable on premium paid on MBD policy @18%

26 July 2017 Yes, GST applicable on premium paid on MBD policy @18%

26 July 2017 Thank you sir, can we take ITC against this GST


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