Gst on mediclaim insurance premium
This query is : Resolved
01 October 2023
I have take mediclaim and paid premium with gst on it.The company took my gst no and showed in the gst returns.
Can I claim ITC ON MEDICLAIM PREMIUM PAID IN MY PROPRIETORSHIP GST FORM?
PLEASE ADVISE AND CLARIFY?
Can I claim ITC ON MEDICLAIM PREMIUM PAID IN MY PROPRIETORSHIP GST FORM?
PLEASE ADVISE AND CLARIFY?
01 October 2023
I have gst registered proprietorship firm
01 October 2023
What is the purpose of the insurance...???
If this is Your self then You can't claim ITC... In case it's for Your employees then you can claim.
01 October 2023
This is for my self as I am proprietor of my firm
01 October 2023
The ITC is not available. It's under ineligible ITC.
01 October 2023
My wife is the employee of firm.Can I claim ITC on mediclaim premium paid by my firm as employee?
02 October 2023
ITC on mediclaim insurance premium is not available even if taken for employees. Its only available if such insurance is made mandatory by law..
04 October 2023
ITC not available for individual Mediclaim insurance premium.
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