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A full GST exemption on life insurance premiums could mean more expensive premiums for policyholders. Here’s why?
According to Jalan, commissions paid to life insurance agents form a significant portion of expenses in the books of life insurers. This “Our GST data ... be able to claim full input tax credit ...
GST late fee waiver: Last opportunity to avoid GST notice due to non-filing of GSTR-9C, do this now
C, both for any particular financial year is December 31. While the GSTR-9 annual return can very well be filed without the GSTR-9C return, the law recommends both the returns be filed together. The ...