TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Goa Government Aligns with Central GST Directive on Co-Insurance and Reinsurance Transactions, Effective November 2024</h1> The Government of Goa issued a circular to regularize GST payments on co-insurance premiums apportioned by lead insurers to co-insurers and on ceding/reinsurance commissions deducted by reinsurers. This follows a similar directive from the Central Government based on the GST Council's 53rd meeting recommendations. These activities are now classified as neither goods nor services under Schedule III of the CGST Act, 2017, effective from November 1, 2024. The circular also regularizes GST payments for these transactions from July 1, 2017, to October 31, 2024, on an 'as is where is' basis.
TaxTMI 
TaxTMI 
