CIRCULAR

Circular

Subject
Circular No. 214/08/2024-GST dt.26.06.2024 Clarification on the requirement of reversal of input tax credit in respect of the portion of the premium for life insurance policies which is not included in taxable value.
Circular No. 186/18/2022-GST dt. 27.12.2022 Clarification on various issue pertaining to GST

COMMUNITY INSIGHTS

Topic

Publish Date

Impact of GST on Insurance Services

As we know that GST is applicable on supply of goods or supply of services. Accordingly, GST is also applicable on insurance services supplied by the insurance companies. The insurance companies provide various types of insurance services like health insurance, life insurance, building insurance, stock insurance etc. In this article we are going to discuss in detail about the GST implications on services provided by the insurance companies............. Read More

31.08.2024