ITC ON MOTOR VEHICLE INSURANCE
Query (Issue) Started By: – susmis666 susmis666 Dated:- 26-12-2017 Last Reply Date:- 23-2-2018 Goods and Services Tax – GST
Got 6 Replies
GST
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 KA
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