ITC on GST paid on Life Insurance Premium?

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..... ITC on GST paid on Life Insurance Premium?
Query (Issue) Started By: - gvenugopal g Dated:- 10-2-2018 Last Reply Date:- 21-2-2018 Goods and Services Tax - GST
Got 2 Replies
GST
Sirs, GST .....

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..... @1.80% on premium paid for life insurance policy of proprietor (Proprietary Concern) , can ITC be availed? Reply By Alkesh Jani: The Reply: Sir, you cannot claim ITC in this regards, it is specifi .....

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..... cally mentioned at Section 17(5)(b)(iii) rent-a-cab, life insurance and health insurance, assuming that you do not fall under exception under (A) and/or(B) of the above mentioned Section. Reply By Ga .....

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..... neshan Kalyani: The Reply: credit is not allowed .
Discussion Forum - Knowledge Sharing .....

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