GST on Insurance claim received
Query (Issue) Started By: – Sharmila P Dated:- 3-12-2018 Last Reply Date:- 4-12-2018 Goods and Services Tax – GST
Got 2 Replies
GST
I am a registered person under GST. My goods were lost by fire. With regard to this, I received an insurance claim from the insurer. Should i charge GST on the claim received by me from the insurer? what are input tax credit implications if i have availed ITC on the premium paid?
Reply By CASusheel Gupta:
The Reply:
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