sbi life insurance broker reverse charge
Query (Issue) Started By: – satbir singhwahi Dated:- 14-2-2018 Last Reply Date:- 21-2-2018 Goods and Services Tax – GST
Got 7 Replies
GST
sir
insurance brokers are covered by reverse charge . Is there any change as sbi life insurance co. is asking brokers to put gst in invoice and pay. pls guide
Reply By Alkesh Jani:
The Reply:
Sir, In terms of Notification No. 13/2017-CT (Rate) dated 28/06/2017 at Sl.No.7, Tax is to be paid by the Company under RCM. I have not came across any changes in the said Notification as amended from time to time. Our Expert are invited to correct me, if mistaken.
Reply By KASTURI SETHI:
The Reply:
No change at all. Sh.Alkesh Jani Ji, is right.
Reply By sat
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