https://www.taxtmi.com/manuals?id=2789 Exemptions under GST cover specified life and general insurance services: annuity services under the National Pension System; group life insurance provided to armed forces and related funds; a catalogued set of general and life insurance schemes including agricultural, health, accident, crop and micro insurance products; and reinsurance of those exempt schemes. Reinsurance has been prospectively exempted and past GST liability for reinsurance of exempt schemes has been regularized on an "as is where is" basis. The term reinsurance is clarified to include retrocession, and definitions for insurance terms are provided in the rate notification. en-us Wed, 31 May 2023 17:56:00 +0530 Fri, 19 Jul 2024 12:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=2789 Exemptions under GST cover specified life and general insurance services: annuity services under the National Pension System; group life insurance provided to armed forces and related funds; a catalogued set of general and life insurance schemes including agricultural, health, accident, crop and micro insurance products; and reinsurance of those exempt schemes. Reinsurance has been prospectively exempted and past GST liability for reinsurance of exempt schemes has been regularized on an "as is where is" basis. The term reinsurance is clarified to include retrocession, and definitions for insurance terms are provided in the rate notification. Manuals GST Wed, 31 May 2023 17:56:00 +0530 https://www.taxtmi.com/manuals?id=2789