I have a car purchase ..
This car is for personal use Can I claim insurance for this car? Thanks.......
Claim ITC On Insurance
mehul kacha (16 Points)
01 October 2019
7 Replies
Kumar Sushank
(General Manager - Finance)
(1040 Points)
Replied 01 October 2019
No, you can't claim ITC.
RAJA P M
("Do the Right Thing...!!!")
(128106 Points)
Replied 01 October 2019
No.... ITC not available.
Shivam RC
(Student)
(23683 Points)
Replied 01 October 2019
No You cannot claim ITC as it is specifically BLOCKED U/s 17(5) of the CGST Act 2017.
MY Indians Tv
(292 Points)
Replied 02 October 2019
As per section 17(5) of cgst act 2017, ITC is blocked for supplies in the nature of personal use
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