Specialized Investment Fund distribution now requires dedicated certification, while transitional recognition preserves existing qualified distributor...
Overlapping GST proceedings require Central and State authorities to designate one competent authority for coordinated adjudication of the same matter...
Composite healthcare supplies retain exemption when patient care is the contract's essential character, despite payment through an implementing agency...
Health insurance services provided by the applicant to Tamil Nadu State Government (TNSG) are exempted from GST under Serial Number 40 of Notification No. 12/2017-Central Tax (Rate) dated 28th June 2017 and corresponding TNGST Notification, as the supply is made only to the Government with total premium paid by them. Reinsurance of the health insurance policy received from re-insurers located outside India is exempt under Serial No. 36A of the same notification. Reversal of input tax credit (ITC) is governed by Section 17(2) of the CGST Act, 2017 and Rule 42 of the CGST Rules, 2017, which the applicant can follow without requiring a ruling.
Health insurance services provided by the applicant to Tamil Nadu State Government (TNSG) are exempted from GST under Serial Number 40 of Notification No. 12/2017-Central Tax (Rate) dated 28th June 2017 and corresponding TNGST Notification, as the supply is made only to the Government with total premium paid by them. Reinsurance of the health insurance policy received from re-insurers located outside India is exempt under Serial No. 36A of the same notification. Reversal of input tax credit (ITC) is governed by Section 17(2) of the CGST Act, 2017 and Rule 42 of the CGST Rules, 2017, which the applicant can follow without requiring a ruling.
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