https://www.taxtmi.com/circulars?id=71433 Insurers settling motor vehicle repair claims through reimbursement may claim input tax credit on approved repair costs where they bear the liability and the invoice is issued in their name. The insured's initial payment to a non-network garage does not prevent the insurer from being treated as the recipient to the extent of the approved claim cost. Where repair charges exceed the approved amount, credit is limited to the amount reimbursed by the insurer. Credit is unavailable if the repair invoice is not issued in the insurer's name. en-us Fri, 12 Jul 2024 00:00:00 +0530 Wed, 23 Sep 2026 17:34:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=71433 Insurers settling motor vehicle repair claims through reimbursement may claim input tax credit on approved repair costs where they bear the liability and the invoice is issued in their name. The insured's initial payment to a non-network garage does not prevent the insurer from being treated as the recipient to the extent of the approved claim cost. Where repair charges exceed the approved amount, credit is limited to the amount reimbursed by the insurer. Credit is unavailable if the repair invoice is not issued in the insurer's name. Circulars GST - States Fri, 12 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/circulars?id=71433