I have a car purchase ..
This car is for personal use Can I claim insurance for this car? Thanks.......
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Claim ITC On Insurance
Replies (7)
No, you can't claim ITC.
No.... ITC not available.
Personal use you can't claim ITC...
Thank You So Much All Of You....
No You cannot claim ITC as it is specifically BLOCKED U/s 17(5) of the CGST Act 2017.
As per section 17(5) of cgst act 2017, ITC is blocked for supplies in the nature of personal use
No .....you cannot claim ITC
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