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INPUT CREDIT

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..... Sir/Madam I am working for General Insurance Company. As a part of our business, we need to settle all sorts of claims for which premium collected by us. Motor claims which is one of department i .....

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..... n General insurance business where claim settlement involves cost of replacement of parts and Labour charges for repairing the vehicle etc. When a vehicle met with accident, repair of such vehicle .....

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..... will normally done at Authorised Dealer/ Authorised repairer who levies Service Tax (ST ) on labour charges for repairing vehicle. Dealer raises all bills - parts and labour charges, in the name o .....

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..... f Insured. These claims ( Motor Accidental Claims ) paid either to Insured or Dealer directly. When we settle these claims to insured / dealer, whether ST charged on labour can be claimed as Input cr .....

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..... edit by our company. Kindly Clarify. - Reply By Naveed S - The Reply = Sir, such credit does not appear to be eligible to your insurance company. - INPUT CREDIT - Query Started By: - janakira .....

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..... m g Dated:- 17-2-2015 Service Tax - Got 1 Reply - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagem .....

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..... ent - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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