Exemption for social security bodies: services to scheme beneficiaries exempt from GST when rendered under respective statutory schemes. Services by statutory social security and retirement institutions to persons governed by their respective enactments are exempt from GST under the ... Summary
Exemption for social security bodies: services to scheme beneficiaries exempt from GST when rendered under respective statutory schemes.
Services by statutory social security and retirement institutions to persons governed by their respective enactments are exempt from GST under the specified exemption entries. This includes insurance-related services by employees' state insurance institutions to insured persons, finance-related services by provident fund organizations to governed persons, services by coal-mines provident fund bodies, and pension trust services to members provided for an administrative fee.
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