We can take itc on insurance new car for company
This query is : Resolved
Shiv Mohan Singh
(Querist)
16 December 2017
Dear All experts,
I am confusing to take ITC on insurance charges purchase new car for company, actually i have purchased new car of company name with updating GST no. but i am not taking ITC on car Value paid GST, but my query is we can take on insurance charges
I am confusing to take ITC on insurance charges purchase new car for company, actually i have purchased new car of company name with updating GST no. but i am not taking ITC on car Value paid GST, but my query is we can take on insurance charges
16 December 2017
As per my view..,
It's not available as per above view sec 17(5).
It's not available as per above view sec 17(5).
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