Sir I have bank charges in GSTR-2A..
Can I claim..
Also I have insurance charges in GSTR-2A.. can I claim those..??
Menu
Bank Charges
Replies (5)
Yes you can claim bank charges but you cannot claim insurance charges of car or life insurance. All other insurance you can claim.
Any reason we cannot claim car life insurance? or it is monopoly.
| Originally posted by : derickjack | ||
 |
Any reason we cannot claim car life insurance? or it is monopoly. |
 |
The Car insurance will be blocked as per sec 17(5) of CGST act related activity.
You can claim ITC on Bank Charges reflected in your GSTR-2A. However cannot claim ITC on Car Insurance
You can claim ITC on Bank Charges which is reflecting on your GSTR-2A.
As far as Motor Vehicle Insurance Charges is concerned, you cannot claim ITC as it is BLOCKED U/s 17(5) of the CGST Act 2017.
As far as Motor Vehicle Insurance Charges is concerned, you cannot claim ITC as it is BLOCKED U/s 17(5) of the CGST Act 2017.
Recent Threads
- Change HSN
- TDS ISSUE ( DIFFERENT SECTION )
- Company strike off with loan waiver accounting iss
- Board resolution for authorization for GST
- Invoice related audit
- Gst input credit related
- Updated ITR as missed the dead line
- Change if place of business l
- Purchase from unregistered dealer garments busines
- TDS DEDUCTED BUT NOT PAID BY EMPLOYER
Related Threads
CAclubindia
