Fri Dec 01 2023

32

I have a personal GST number in 2012 had terrible car accident 2021 settlement 500000 lawyer charged 30 percent can I get GST back personally from my lawyer Regards Dave

Fri Dec 01 2023

0

Car is categorised as personal goods and ITC on the same is blocked by Section 17(5) of the CGST Act 2017. Section 17(5) ab is given below-

17(5) Notwithstanding anything contained in sub-section (1) of section 16 and sub-section (1) of section 18, input tax credit shall not be available in respect of the following, namely:-

(ab) services of general insurance, servicing, repair and maintenance in so far as they relate to motor vehicles, vessels or aircraft referred to in clause (a) or clause (aa):

Since the insurance is covered under the above section. ITC is not available on any related goods or services.

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