ITC on GST paid for car and building insurance

taxgrid ITC on GST paid for car and building insurance2017-12-30T15:15:15+05:30 building insurance, Eligibility and conditions for taking input tax credit, input tax of car insurance, itc of gst on building insurance, and itc of gst on car insurance

Tagged: building insurance, Eligibility and conditions for taking input tax credit, input tax of car insurance, itc of gst on building insurance, itc of gst on car insurance

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- December 30, 2017 at 3:15 pm #1961 Reply
  
  taxgrid
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  Question – IS Input Tax Credit available for GST paid on Car insurance and building insurance?
  
  Answer – Yes, Input tax credit shall be available in respect of both GST paid for car insurance as well as building insurance.
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