https://www.taxtmi.com/circulars?id=66291 NCB does not amount to consideration from the insured to the insurer for refraining from claims. NCB is a permissible pre disclosed discount for valuation purposes where disclosed in the policy and invoice, and GST is chargeable on the premium after deducting the NCB shown on the invoice. The e invoice exemption under the state notification applies to the entity as a whole and covers all its supplies. en-us Tue, 27 Dec 2022 00:00:00 +0530 Fri, 21 Apr 2023 16:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=66291 NCB does not amount to consideration from the insured to the insurer for refraining from claims. NCB is a permissible pre disclosed discount for valuation purposes where disclosed in the policy and invoice, and GST is chargeable on the premium after deducting the NCB shown on the invoice. The e invoice exemption under the state notification applies to the entity as a whole and covers all its supplies. Circulars GST - States Tue, 27 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/circulars?id=66291