Whether GST to be paid by recepient of Insurance Claim
Query (Issue) Started By: – anuja bhandari Dated:- 25-9-2018 Last Reply Date:- 30-10-2018 Goods and Services Tax – GST
Got 2 Replies
GST
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 R
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