Chartered Accountant
1005 Points
Posted on 16 February 2023
Yes, in your case, the Input tax credit for the general insurance will be allowed because the service is being availed for the vehicle used for the transportation of passengers.
In case of any further queries, kindly mail me at casoravgupta @ gmail.com
Thanks & Regards
CA. Sorav Gupta
(Practicing Chartered Accountant)