Goods and Services Tax – Started By: – anuja bhandari – Dated:- 25-9-2018 Last Replied Date:- 30-10-2018 – The taxpayer is registered under GST, in the business of transportation. His truck was damaged in an accident. Truck was purchased pre GST. Insurance Company paid 7 lacs, truck purchase value was 10 lac. Whether GST to be paid on 7 lacs received by truck owner? – Reply By SHIVKUMAR SHARMA – The Reply = No need to Pay GST on Insurance Claim Received By Truck owner for Purchase of Truck befo
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