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    <description>Exemption from GST is extended to the reinsurance of insurance services listed under serial numbers 37C and 37D, such that premiums and related reinsurance transactions for those specified insurance services are not subject to integrated goods and services tax. The exemption was inserted by Notification No. 16/2025-Integrated Tax (Rate) and takes effect from 22-09-2025, thereby altering the taxable status of reinsurance arrangements tied to the specified insurance services from that effective date.</description>
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      <description>Exemption from GST is extended to the reinsurance of insurance services listed under serial numbers 37C and 37D, such that premiums and related reinsurance transactions for those specified insurance services are not subject to integrated goods and services tax. The exemption was inserted by Notification No. 16/2025-Integrated Tax (Rate) and takes effect from 22-09-2025, thereby altering the taxable status of reinsurance arrangements tied to the specified insurance services from that effective date.</description>
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