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    <title>Entitlement of ITC by the insurance companies on the expenses incurred for repair of motor vehicles in case of reimbursement mode of insurance claim settlement</title>
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    <description>Insurers may claim ITC on motor vehicle repair services in reimbursement claims because the insurer is the recipient for the approved repair liability; ITC entitlement is limited where invoicing and reimbursement diverge - two separate invoices allow credit on the insurer issued invoice, whereas a single invoice to the insurer yields credit only to the extent of the approved reimbursement; absent an invoice in the insurer&#039;s name, credit is not available.</description>
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      <title>Entitlement of ITC by the insurance companies on the expenses incurred for repair of motor vehicles in case of reimbursement mode of insurance claim settlement</title>
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      <description>Insurers may claim ITC on motor vehicle repair services in reimbursement claims because the insurer is the recipient for the approved repair liability; ITC entitlement is limited where invoicing and reimbursement diverge - two separate invoices allow credit on the insurer issued invoice, whereas a single invoice to the insurer yields credit only to the extent of the approved reimbursement; absent an invoice in the insurer&#039;s name, credit is not available.</description>
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      <pubDate>Tue, 09 Jul 2024 00:00:00 +0530</pubDate>
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