News & Media 24th Jun 2024

No tax…’ – This is how 53rd GST Council Meeting brought BIG relief to insurance sector

Authors

Stella Joseph Partner | Mumbai

Latest Thought Leadership

Alerts & Updates 12th Jul 2024

Notifications and Circulars issued by Central Board of Indirect Taxes and Customs (‘CBIC’)

Read More
Newsletter/Booklets 11th Jul 2024

ELP – Quarterly Update – Competition Law & Policy – Q2 of 2024

Read More
Articles 11th Jul 2024

BNS – Speedy Justice or Colonial Rollover?

Read More
News & Media 9th Jul 2024

India’s new criminal codes: What they mean for businesses

Read More

The 53rd GST Council meeting announced key decisions providing significant relief to the reinsurance and general insurance industry. No tax will be levied on co-insurance premiums and reinsurance commissions, classifying co-insurance premiums as “no supply” under GST law.

Our Partner Stella Joseph shares her views with ET NOW’s Anurag Shah in the article ‘No tax…’ – This is how 53rd GST Council Meeting brought BIG relief to insurance sector‘ on the impact on the insurance sector.

Read the article here