Itc on insurance
This query is : Resolved
vinit garg
(Querist)
21 November 2018
If we are insuring our vehicle, is ITC available or not. Such vehicle used for supply of goods by a transporter
CA R SEETHARAMAN
(Expert)
21 November 2018
ITC not available as GST not applicable on your vehicle hire charges.
KAVIRAJA ADDANGADI
(Expert)
21 November 2018
ITC not available on insurance.
vinit garg
(Querist)
22 November 2018
Sir, Their is a confusion. A transporter of good who pay gst and having not any Non GST Service. He is or not allowed insurance claim. In that case we claim gst on Battery, Tyre, repair of trucks but not know about insurance.
CA R SEETHARAMAN
(Expert)
22 November 2018
In that case ITC on insurance is allowed. But the question is GST not applicable on other than GTA. For GTA ITC not available.
Here GST not applicable on transporter other than GTA.
In case of GTA ITC not available.
Here GST not applicable on transporter other than GTA.
In case of GTA ITC not available.
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