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GST on Insurance Commission paid to Bank, Goods and Services Tax - GST |
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GST on Insurance Commission paid to Bank |
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1.Is RCM applicable on Insurance Commission paid to banks? 2.Is GST appicable on Commission on Exempted Insurance scheme like PMJJBY Posts / Replies Showing Replies 1 to 3 of 3 Records Page: 1
Services by an insurance agent to an insurance company i.e. person carrying insurance business is nly liable under RCM Need clarity on 2nd question.. exempted insurance scheme? Exempt under which law?
Please elaborate your queries to enable us to revert.
Is banking companies are insurance agentd as per definition provided in RCM notification? Page: 1 Old Query - New Comments are closed. |
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