Whether GST to be paid by recepient of Insurance Claim

Whether GST to be paid by recepient of Insurance Claim https://www.taxtmi.com/forum/issue?id=114178 A registered transport business received insurer indemnity for damage to a truck purchased before GST; the advisory response states that the insurance compensation received by the truck owner is not subject to GST because it constitutes an indemnity rather than consideration for a taxable supply. en-us Tue, 25 Sep 2018 19:30:14 +0530 Thu, 23 Jan 2025 15:55:18 +0530 TaxTMI RSS Generator Whether GST to be paid by recepient of Insurance Claim https://www.taxtmi.com/forum/issue?id=114178 A registered transport business received insurer indemnity for damage to a truck purchased before GST; the advisory response states that the insurance compensation received by the truck owner is not subject to GST because it constitutes an indemnity rather than consideration for a taxable supply. Discussion-Forum GST Tue, 25 Sep 2018 19:30:14 +0530 https://www.taxtmi.com/forum/issue?id=114178