Life insurance annuities exempt from GST when provided under the National Pension System regulatory framework. Services of life insurance business provided by way of annuity under the National Pension System are exempt from GST when supplied within the system's regulatory framework; life insurance business takes its meaning from the Insurance Act.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Life insurance annuities exempt from GST when provided under the National Pension System regulatory framework.
Services of life insurance business provided by way of annuity under the National Pension System are exempt from GST when supplied within the system's regulatory framework; life insurance business takes its meaning from the Insurance Act.
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