GST Payable On Medical insurance premium for employees and pensioners: Telangana AAAR
The Telangana Appellate Authority of Advance Ruling (AAAR) has ruled that no GST exemption is available on medical insurance premiums taken to provide health insurance to employees, pensioners, and their family members.
The two-member bench of Neetu Prasad and B.V. Siva Naga Kumari has observed that the insurance services for employees and employees’ family members received by the appellant are not in direct and proximate relation to the water supply and sewerage related functions entrusted u/r 243 of the Constitution of India, hence the supplies received by the appellant are not exemption from Sewage.
Source: Livelaw
Share this content:
Post Comment