Sir/Madam,
Can we cliam gst input on insurance premium paid for Director's Car which is purchased in the name of the Company... or will it get affected under 17(5) as blocked credits?
Menu
ITC on car insurance premium paid
Replies (4)
only if the car is in company's name and used for business purpose only, ITC can be claimed
Thank you Sir..
generally firm purchases car in the name of Partner. whether input available?
no it should be in firm name to claim itc
Recent Topics :
- Clarifications for intra day transactions
- CA FINAL FR FINANCIAL INSTRUMENTS (Ind AS 109) Dou
- 70:30 GST rule for solar EPC: partial scope (struc
- TDS on Redevelopers hardship allowance received no
- Who will take FSSAI AND TRADE LICENSE: owner or te
- E Way Bill in respect of Without Bringing Material
- FAST DS 2026 query
- Consultation
- E-way notices for FY 22-23
- Gst file not created
Related Topics :
CAclubindia
