GST Input


Emerson.C (Accounts Executive)     04 January 2019

Emerson.C
Accounts Executive 
 2 likes  101 points

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Dear All,

Workmen Compensation policy input is allowed to take input credit @ GST.

Kindly update.

avater

Rakesh Bandal (Self Employed and Agriculture)     04 January 2019

Rakesh Bandal
Self Employed and Agriculture 
 75 likes  1332 points

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Yes, if it is compulsory as per Factories Act

section 17(5) of CGST Act specifically disallows life insurance policies except compulsory to be taken under any government provisions

avater

pritesh (CA Final student)     04 January 2019

pritesh
CA Final student 
 386 likes  7022 points

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agreed with rakesh ji.


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