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Can we take ITC on insurance premiums

Repair expenses of motor vehicles -is ITC available?

  Through CGST  Amendment Act 2018, the law on this point has been amended by inserting clause (ab) to Sec. 17(5) to specifically deal with the matter. The meaning and purport of this new clause is that ITC in respect of services of general insurance, servicing, repair and maintenance related to a motor vehicle is […]

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