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Group medical policy

2470 views 16 replies
Quick Summary
Discussion on GST ITC for group medical and accidental insurance for employees. Generally, ITC on health/medical insurance is blocked under Section 17(5) of CGST Act, except when mandatory by law. Accidental/general insurance may be eligible, leading to mixed interpretations.

Originally posted by : Yasaswi Gomes new
Inputs partly for business purpose and partly for exempted supplies or for personal use – This is for businesses which use inputs for both business and non-business (personal) purpose. ITC used in the portion of input goods/services used for the personal purpose must be reversed proportionately.

I think hold my grounds 

https://cleartax.in/s/gst-input-tax-credit

Sorry Ji...

I'm very tired for given my replies to you for understanding the law...

So, sorry to say I'm not interested...

Itc is eligible for such employees. Only in case of car insurance uts nit available


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