Rate Rationalisation: GST Council defers decision on GST on insurance premium, rate tweaks
 Back
Rate Rationalisation

GST Council defers decision on GST on insurance premium, rate tweaks

The GST Council on Saturday deferred the Group of Ministers' recommendation to lower the 18% Goods and Services Tax imposed on life and health insurance premiums, Bihar Deputy Chief Minister Samrat Choudhary said. The Council needs further discussion on the matter before a final call can be taken, Choudhary, who heads the ministerial panel tasked at looking at the matter, told reporters.

Register to read