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
Regards
P.Srinivas
CA S K MISHRA
(Expert)
26 July 2017
Yes, GST applicable on premium paid on MBD policy @18%
CA S K MISHRA
(Expert)
26 July 2017
Yes, GST applicable on premium paid on MBD policy @18%
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