Regularizing payment of GST on coinsurance premium apportioned by the lead insurer to the coinsurer and on ceding /re-insurance commission deducted from there insurance premium paid by the insurer to the reinsurer https://www.taxtmi.com/circulars?id=69641 GST treatment is regularized for co-insurance premium apportionment by the lead insurer to the co-insurer and for ceding or reinsurance commission deducted from reinsurance premium. These transactions are treated as neither supply of goods nor supply of services, subject to tax being paid on the full premium amounts by the lead insurer and the reinsurer. The payment of GST is regularized retrospectively on an 'as is where is' basis for the period from 01.07.2017 to 31.10.2024. en-us Tue, 01 Apr 2025 00:00:00 +0530 Tue, 14 Apr 2026 13:01:00 +0530 TaxTMI RSS Generator Regularizing payment of GST on coinsurance premium apportioned by the lead insurer to the coinsurer and on ceding /re-insurance commission deducted from there insurance premium paid by the insurer to the reinsurer https://www.taxtmi.com/circulars?id=69641 GST treatment is regularized for co-insurance premium apportionment by the lead insurer to the co-insurer and for ceding or reinsurance commission deducted from reinsurance premium. These transactions are treated as neither supply of goods nor supply of services, subject to tax being paid on the full premium amounts by the lead insurer and the reinsurer. The payment of GST is regularized retrospectively on an 'as is where is' basis for the period from 01.07.2017 to 31.10.2024. Circulars GST - States Tue, 01 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/circulars?id=69641