Input on insurance of Firm

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Accountant
144 Points Posted on 22 March 2020
can input be taken on insurance of firm?
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On 22 March 2020 at 19:43 Report
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Quick Summary
This discussion explores available insurance options for your firm, specifically focusing on stock insurance. It confirms that ITC (Input Tax Credit) can be claimed on relevant insurance policies, including those for stocks. Guidance is provided on how to avail this benefit.

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audit staff
1203 Points Posted on 22 March 2020
Which insurace stock or machine insurance ?
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On 22 March 2020 at 20:23
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Accountant
144 Points Posted on 22 March 2020
Stock insurance
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On 22 March 2020 at 20:24
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audit staff
1203 Points Posted on 22 March 2020
Itc allowed sir
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On 22 March 2020 at 21:02
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GST Practitioner
55067 Points Posted on 22 March 2020
Yes can avail ITC
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On 22 March 2020 at 23:08

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