Activities or Transaction Excluded from Supply - Para 9 of Schedule III [Read with Section 7(2)]

Activities or Transaction Excluded from Supply - Para 9 of Schedule III [Read with Section 7(2)] https://www.taxtmi.com/manuals?id=5729 Apportionment of co insurance premium by a lead insurer to co insurers is excluded from supply, provided the lead insurer pays the central, State, Union territory and integrated tax on the entire premium amount received from the insured; the exclusion applies to apportionment for insurance services jointly supplied under co insurance agreements. en-us Thu, 07 Nov 2024 12:45:00 +0530 Thu, 07 Nov 2024 12:56:00 +0530 TaxTMI RSS Generator Activities or Transaction Excluded from Supply - Para 9 of Schedule III [Read with Section 7(2)] https://www.taxtmi.com/manuals?id=5729 Apportionment of co insurance premium by a lead insurer to co insurers is excluded from supply, provided the lead insurer pays the central, State, Union territory and integrated tax on the entire premium amount received from the insured; the exclusion applies to apportionment for insurance services jointly supplied under co insurance agreements. Manuals GST Thu, 07 Nov 2024 12:45:00 +0530 https://www.taxtmi.com/manuals?id=5729