ITC for Factory Insurance
Mohanraj J (1217 Points)
12 November 2021Can we claim GST ITC for Factory Fire & Burglary Insurance?
Mohanraj J (1217 Points)
12 November 2021
Rama chary Rachakonda
(Master in Accounts & high court Advocate)
(8462 Points)
Replied 12 November 2021
already answered by eminent scholors previously
CA. Sourav Sarkar
(Chartered Accountant )
(24588 Points)
Replied 12 November 2021
Rajendra Prasad
(Employee Private)
(1913 Points)
Replied 12 November 2021
In my knowledge the said ITC is available, please refer Section 17(5).
CA Altamush Zafar
(GST Consultant)
(15986 Points)
Replied 12 November 2021
ITC is available on such insurance
CA. Sourav Sarkar
(Chartered Accountant )
(24588 Points)
Replied 12 November 2021