The Court held that refund claims filed within statutory limitation cannot be rejected merely due to filing after a cut-off date, striking down the impugned circular and directing refund ...
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GST Exemption on Insurance Premiums: Will Policyholders Get a Refund on Multi-Year Payments After September 22?
The Indian government’s decision to scrap the 18% Goods and Services Tax (GST) on life and health insurance premiums starting September 22, 2025, has brought relief to millions of policyholders.
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GST exemption on insurance premium: Will you get a refund if you paid a multi-year premium on your policy?
Paid the lump sum premium for your 3-year health insurance or single premium life insurance policy upfront, only to learn that GST on premiums has been slashed from 18% to 0% starting September 22?
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