ITC on Marine insurance available or not

ITC / Input 8021 views 2 replies
ITC on Marine insurance available or not

Marine insurance is for supply of goods, hence provision of 17(5) will not apply

17(5) talks about general insurance of passenger vehicle

in my view ITC is available on marine insurance
Replies (2)
Yes... ITC can be avail for the Marine Insurance.
ITC available on Marine policy


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