ITC Allowed to Insurance Companies for Repair Expenses Incurred Under Reimbursement Mode of Claim Settlement | Circular
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- Last Updated on 28 June, 2024
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Circular No.217/11/2024-GST dated June 26th, 2024
The CBIC has clarified that ITC is available to Insurance Companies in respect of motor vehicle repair expenses incurred by them in case of reimbursement mode of claim settlement.
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