Whether Company can take ITC of GST on part of Prepaid insurance.
For Example
Insurance Amt 10000plus GST Rs. 1800
Insurance Exp C.Y.. 2500
Prepaid Insurance Rs. 7500
Whether we can take whole credit or partial in above cases
Menu
Whether company can take itc of gst on part of prepaid insur
Replies (2)
you can avail whole credit
not on personal or medical insurance
Recent Threads
- RCM doubt please clarify
- Should open NRO account?
- Which IT section applicable for cash transaction i
- ITR -property dealer
- Warehouse Registration, Whether mandatory?
- Time limit for claiming Input GST credit
- Gst rate and Sac code or RCM attract
- Poll: Do you spend > 30 min/day fixing Tally JSO
- Interest on Accident Claim by Minor
- Capital Gain and Basic Exemption Limit
Related Threads
CAclubindia
