ITC on key man insurance policy

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..... Whether input tax credit is allowed on key man insurance policy taken of officers and directors - Reply By KASTURI SETHI - The Reply = Go through proviso to Section 17(5)(b) of CGST Act which i .....

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..... s as follows:- Provided that the input tax credit in respect of such goods or services or both shall be available, where it is obligatory for an employer to provide the same to its employees unde .....

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..... r any law for the time being in force.] Thus if key man insurance policy taken for officers and directors is obligatory on the part of Employer-Company, ITC can be taken, otherwise not. - Reply .....

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..... By Bharat Sharma - The Reply = Please guide us on the GST credit availability on Directors Officers Commercial liability insurance as well. - ITC on key man insurance policy - Query Started By: .....

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..... - Nisha Prabhu Dated:- 30-9-2019 Goods and Services Tax - GST - Got 2 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanage .....

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..... mentindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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