GST exemption amendment: local delivery, individual life and health insurance, and reinsurance receive updated treatment under Chhattisgarh notification. The amendment to the Chhattisgarh State Tax (Rate) exemption notification excludes local delivery services provided by, or through, an Electronic Commerce Operator from the existing goods transport entry. It inserts exemption entries for life insurance business and health insurance business supplied by an insurer to an insured who is not a group, with clarification that the exemption applies to an individual or an individual and family, and extends the exemption structure to reinsurance of those services. It also revises the definitions of goods transport agency, group, and health insurance business for these entries.
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Provisions expressly mentioned in the judgment/order text.
GST exemption amendment: local delivery, individual life and health insurance, and reinsurance receive updated treatment under Chhattisgarh notification.
The amendment to the Chhattisgarh State Tax (Rate) exemption notification excludes local delivery services provided by, or through, an Electronic Commerce Operator from the existing goods transport entry. It inserts exemption entries for life insurance business and health insurance business supplied by an insurer to an insured who is not a group, with clarification that the exemption applies to an individual or an individual and family, and extends the exemption structure to reinsurance of those services. It also revises the definitions of goods transport agency, group, and health insurance business for these entries.
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