https://www.taxtmi.com/caselaws?id=762854 The HC ruled that co-insurance premium and reinsurance commission would not be treated as supply under GST and are not liable for GST payment. The petitioner was entitled to refund of deposited amounts. The court distinguished between amounts deposited under court direction versus amounts paid for tax discharge, noting that deposited amounts remained as deposits until final adjudication. Following inclusion of Items 9 and 10 to Schedule III of CGST Act 2017 and related circular, the court set aside impugned orders and allowed the petition for refund. en-us Fri, 18 Oct 2024 00:00:00 +0530 Tue, 03 Jun 2025 09:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=762854 The HC ruled that co-insurance premium and reinsurance commission would not be treated as supply under GST and are not liable for GST payment. The petitioner was entitled to refund of deposited amounts. The court distinguished between amounts deposited under court direction versus amounts paid for tax discharge, noting that deposited amounts remained as deposits until final adjudication. Following inclusion of Items 9 and 10 to Schedule III of CGST Act 2017 and related circular, the court set aside impugned orders and allowed the petition for refund. Case-Laws GST Fri, 18 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=762854