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Insurance premium for company cab

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55 Points Joined December 2017
Dear member, We paid insurance premium including GST for company cab(below 14 member) capacity, is it eligible for Input tax.
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On 01 April 2020 at 03:20 Report
Replies (8)
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128147 Points Joined January 2015
What is the business of Your company...?!
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On 01 April 2020 at 06:50
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55 Points Joined December 2017
Pharama company
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On 01 April 2020 at 09:02
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Practice
3235 Points Joined August 2009
Yes it is available as under section 17(5) if the motor car having capacity of passenger more than 13 including driver it is out of preview of block credit.
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On 01 April 2020 at 09:55
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128147 Points Joined January 2015
Yes... You can avail ITC credit.
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On 01 April 2020 at 10:00
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55 Points Joined December 2017
Sir, cab capacity is below 13 passenger & we can assume all cab related expenses also ineligible.
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On 01 April 2020 at 11:40
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"Do the Right Thing...!!!"
128147 Points Joined January 2015
Why confused with different details...?!

If below 13 means 1 seat or 12 seat...?

If any doubt please refer sec 17(5) of CGST act...
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On 01 April 2020 at 11:47
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Practice
3235 Points Joined August 2009
Yes in case below 13 passenger capacity nothing is allowed..
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On 01 April 2020 at 11:47
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GST Practitioner
55067 Points Joined June 2017
No ITC Is available if seating capacity is less then 13 person including driver
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On 01 April 2020 at 14:29

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