Goods and Services Tax – Started By: – RameshBabu Kari – Dated:- 4-8-2017 Last Replied Date:- 11-8-2017 – Dear Experts,One of the company takes the group insurance for their employees. for the payment of premium, company deducting some portion of salary from the employees to pay the insurance premium and Insurance company will provide bill on the company name, not one the employee names. Here company collecting the premium and paying to the insurance company. Can ITC be claim on the insurance by the company as bill received on company name? What are the provisions applicable on this issue ? – Reply By HimansuSekhar Sha – The Reply = As per sec 17(5) of the CGST Act (b) the following supply of goods or services or both- (iii) rent-a-cab, li
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