No need to pay GST on Janata Personal Accident Policy and Gramin Accident Policy

 

Services of general insurance business provided under Janata Personal Accident Policy and Gramin Accident Policy GST

 

No need to pay GST on Janata Personal Accident Policy and Gramin Accident PolicyIs GST payable on Services of general insurance business provided under Janata Personal Accident Policy and Gramin Accident Policy? Services of general insurance business provided under Janata Personal Accident Policy and Gramin Accident Policy falls under GST exemption list? Should I need to pay GST on of general insurance business provided under Janata Personal Accident Policy and Gramin Accident Policy?

 

As per GST Law 2017, there is no GST payable on Services of general insurance business provided under Janata Personal Accident Policy and Gramin Accident Policy.
So the rate of GST payable on Services of general insurance business provided under Janata Personal Accident Policy and Gramin Accident Policy is nil rate.

 

Commonly used Goods and Services at 5%, Standard Goods and Services fall under 1st slab at 12%, Standard Goods and Services fall under 2nd Slab at 18% and Special category of Goods and Services including luxury - 28%. The most essential goods and services attract nil rate of GST under Exempted Categories. Luxury goods and services and certain specific goods and services attract additional cess than 28% GST

 

This information is about GST on Services of general insurance business provided under Janata Personal Accident Policy and Gramin Accident Policy. Would you like to add more information about GST rate tariff on Services of general insurance business provided under Janata Personal Accident Policy and Gramin Accident Policy? Share below your comments about Goods and Service Tax levied on Services of general insurance business provided under Janata Personal Accident Policy and Gramin Accident Policy.

 

The above details about GST rate tariff on Services of general insurance business provided under Janata Personal Accident Policy and Gramin Accident Policy is only for information.

 

The validity of above information and amendments about GST rate on Services of general insurance business provided under Janata Personal Accident Policy and Gramin Accident Policy may be verified before any business dealing.

 

 

Click here to know GST rate on Goods and Services


GST Exemption list of goods and services


Find HSN number or Service tariff code for GST


GST registration guidelines


Indian GST Laws


How to export your goods?


How to get Export Order?


GST Registration Guidelines


Learn Imports and Exports business free of cost


Find HSN code of your product.


How to export goods from India?



Discussion Forum

You can also share your thoughts about this article.
Any one can answer on question posted by Readers