input claim

270 views 4 replies
is input taken on car insurance???(insurance from ICICI Lombard)
Replies (4)

As per sec17 we cannot take input tax credit in respect of supplies related to conveyances except in case conveyances are used  for making the following taxable supplies, namely:—

  • further supply of such vehicles or conveyances ; or
  • transportation of passengers; or
  • imparting training on driving, flying, navigating such vehicles or conveyances;
  • for transportation of goods;
Can you share the purpose for which CAR is being used?
Blocked u/s 17(5) of the CGST Act 2017.
it's a properiotership firm.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details