GST Input credit

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CA Practice
76 Points Posted on 30 June 2020
Whether GST input on Car Insurance is available.
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On 30 June 2020 at 18:25 Report
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Quick Summary
This discussion clarifies whether GST input credit can be claimed on car insurance. The consensus is that input tax credit for car insurance is not eligible. This is due to it being considered a blocked credit under Section 17(5) of the GST Act.

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4215 Points Posted on 30 June 2020
Blocked credits
1 Reply
On 30 June 2020 at 18:36
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Assistant Manager
787 Points Posted on 30 June 2020
No ITC of car insurance would not be eligible.
1 Reply
On 30 June 2020 at 18:48
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FIRM
27 Points Posted on 30 June 2020
No ITC as per section 17(5)
1 Reply
On 30 June 2020 at 19:19
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30 Points Posted on 30 June 2020
No u can not take input on car insurance
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On 30 June 2020 at 23:09

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