Orissa amends GST: exempts individual life and health insurance, clarifies reinsurance and e commerce delivery definitions. The amendment adds nil-rated exemptions for life and health insurance services provided to non-group insureds (including individual-and-family contracts), exempts reinsurance of those services, excludes electronic commerce operators providing or facilitating local delivery from the 'goods transport agency' definition and non-application entry, and inserts definitions of 'group' and 'health insurance business' to govern the new exemptions.
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Provisions expressly mentioned in the judgment/order text.
Orissa amends GST: exempts individual life and health insurance, clarifies reinsurance and e commerce delivery definitions.
The amendment adds nil-rated exemptions for life and health insurance services provided to non-group insureds (including individual-and-family contracts), exempts reinsurance of those services, excludes electronic commerce operators providing or facilitating local delivery from the "goods transport agency" definition and non-application entry, and inserts definitions of "group" and "health insurance business" to govern the new exemptions.
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