Can ITC be claimed on prepaid marine insurance policy .

can we claim ITC on pre-paid marine insurance policy
as the provision says that ITC can be claimed once the services are received. so, from which period are services received considered an when can we claim ITC for the same
Replies (4)
Quick Summary
This discussion explores the eligibility for claiming Input Tax Credit (ITC) on prepaid marine insurance policies. The key question revolves around when services are considered 'received' according to provisions, as ITC can typically be claimed upon service receipt. Participants also discuss whether ITC can be availed based on the invoice date.

ITC can be avail as per invoice.
What is the purpose of this insurance policy
Originally posted by : sabyasachi mukherjee
opening quote What is the purpose of this insurance policy closing quote

Please check out purpose of  this policy in online. 

It cant be checked online

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