Health Insurance Services to Tamil Nadu State Govt Exempt from GST; Reinsurance Exempt if Received from Foreign Reinsurers: AAR [Read Order]
Tamil Nadu AAR has ruled that health insurance services provided to Tamil Nadu State Government are exempt from GST. Additionally, reinsurance services received from reinsurers located outside India are also exempt.
By Devanand T R - On August 9, 2024 10:09 am - 2 mins read
The Tamil Nadu Authority for Advance Ruling ( AAR ) has clarified that health insurance services provided by United India Insurance Company Limited to the Tamil Nadu State Government ( TNSG ) are exempt from Goods and Services Tax ( GST ) under S.No.40 of Notification No.12/2017 Central Tax (Rate). The decision also clarified that…
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