Input credit
Jyoti Narang (Kkk) (1202 Points)
12 March 2021Jyoti Narang (Kkk) (1202 Points)
12 March 2021
prasad Nilugal
(3914 Points)
Replied 12 March 2021
prasad Nilugal
( GST Practitioner & Accounts )
(14165 Points)
Replied 12 March 2021
Both Life Insurance and Health Insurance are under Block Credit a per section 17(5) (b) (i) of the CGST act 2017 . No ITC .
CMA Poornima Madhava
(CMA)
(13097 Points)
Replied 13 March 2021
You may avail ITC on stock insurance.
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"