GST exemption rules for insurance, local delivery services, and goods transport agency definitions are revised under the amended rate notification. Local delivery services provided by, or through, an Electronic Commerce Operator are excluded from the relevant exemption entry. New exemption entries are inserted for life insurance business and health insurance business supplied to insured persons who are not part of a group, including individual and family contracts, together with reinsurance of those specified insurance services. The notification also revises the definition of goods transport agency and inserts definitions of group and health insurance business for the amended exemption entries.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
GST exemption rules for insurance, local delivery services, and goods transport agency definitions are revised under the amended rate notification.
Local delivery services provided by, or through, an Electronic Commerce Operator are excluded from the relevant exemption entry. New exemption entries are inserted for life insurance business and health insurance business supplied to insured persons who are not part of a group, including individual and family contracts, together with reinsurance of those specified insurance services. The notification also revises the definition of goods transport agency and inserts definitions of group and health insurance business for the amended exemption entries.
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