Input tax credit

Sir

Can we claim ITC on insurance
insurance on goods stock bill show in 2A
Replies (4)
Quick Summary
Yes, you can claim Input Tax Credit (ITC) on insurance for your stock. This applies even if you are a railway supplier. As long as the insurance expense is incurred in furtherance of your business and the bill is reflected in your GSTR-2A, you are eligible to avail the ITC.

Yes you can avail input credit of GST paid on stock insurance as it is an expense incurred in furtherance of business.
Can I claim ITC I am a railway supplier. the HSN code is 86
Yes can be avail.
Yes you can avail ITC on Insurance Bill reflected in your GSTR-2A.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
30 September 2026
Senior Accountant

Codeboard Technology

Chennai

B.Com

View Details
Company
ARTICLESHIP 15 September 2026
Freelance Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
Featured ARTICLESHIP 06 October 2026
Semi Qualified

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
07 October 2026
Senior Account Manager

Amplio Invest

Mumbai

M.Com

View Details
Company
17 September 2026
Chartered Accountant

Dass Gupta & Associates

Gurgaon

CA

View Details
Company
ARTICLESHIP 21 September 2026
CA Article Assistant

KK & Company Chartered Accountant

Pune

CA Inter

View Details
Company
ARTICLESHIP 01 October 2026
Articled Assistant

KPSN & Associates LLP

Chennai

CA Inter

View Details
Company
09 September 2026
SENIOR AUDITOR & ACCOUNTS MANAGER

Anupam Parashar & Co.

Ghaziabad

CA Final

View Details