ITC ON MOTOR VEHICLE INSURANCE

Goods and Services Tax – Started By: – susmis666 susmis666 – Dated:- 26-12-2017 Last Replied Date:- 23-2-2018 – Dear Experts,I have a firm named as 'xyz solutions' (trade name). The firm has GST registration and I am the sole proprietor of this firm (legal name = my name).I have a car having commercial registration with taxi passing. The vehicle is being used for public transport. Here the vehicle is registered under my name.And here is my question, would i be able to claim the ITC on GST amount on buying/renewal of the motor vehicle insurance policy? Awaiting response, Thanks… – Reply By KASTURI SETHI – The Reply = Not allowed. – Reply By KASTURI SETHI – The Reply = Also go through the lengthy discussion on this issue in October

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