Prepaid insurance

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I have to calculate prepaid  insurance, please may i know whether prepaid insurance will be calculated on basic amount or inclusive of GST amount  .

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Originally posted by : Bhavna Seth
I have to calculate prepaid  insurance, please may i know whether prepaid insurance will be calculated on basic amount or inclusive of GST amount  .

GST Amt exclude at the Time Calculation of Prepaid Insurance

Because GST Input may be Utilized of Insurance 

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