Heading 9971 or Heading 9991
Services – Exemption from GST
GST
Services of general insurance business provided under following schemes –
\n (a) Hut Insurance Scheme;
\n (b) Cattle Insurance under Swarnajaynti Gram Swarozgar Yojna (earlier known as Integrated Rural Development Programme);
\n (c) Scheme for Insurance of Tribals;
\n (d) Janata Personal Accident Policy and Gramin Accident Policy;
\n (e) Group Personal Accident Policy for Self-Employed Women;
\n (f) Agricultural Pumpset and Failed Well Insurance;
\n (g) premia collected on export credit insurance;
\n (h) 3[Restructured Weather Based Crop Insurance Scheme (RWCIS)] approved by the Government of India and implemented by the Ministry of Agriculture;
\n (i) Jan Arogya Bima Polic<\/p>\n
= = = = = = = =<\/p>\n
Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n 1972 (57 of 1972); = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n e (g) of section 3 of the General Insurance Business (Nationalisation) Act, 1972 (57 of 1972); = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n","protected":false},"excerpt":{"rendered":" Heading 9971 or Heading 9991Services – Exemption from GSTGSTServices of general insurance business provided under following schemes – (a) Hut Insurance Scheme; (b) Cattle Insurance under Swarnajaynti Gram Swarozgar Yojna (earlier known as Integrated Rural Development Programme); (c) Scheme for Insurance of Tribals; (d) Janata Personal Accident Policy and Gramin Accident Policy; (e) Group Personal … Continue reading “Heading 9971 or Heading 9991”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-5502","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/5502","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5502"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/5502\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5502"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5502"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5502"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
For full text:-Visit the Source <\/a><\/p>\n
\n
\n************
\nNote:
\nAs amended vide Notification No. 20\/2019- Integrated Tax (Rate) dated 30-09-2019 w.e.f. 01-10-2019, before it was read as,
\n
\nServices of general insurance business provided under following schemes –
\n (a) Hut Insurance Scheme;
\n (b) Cattle Insurance under Swarnajaynti Gram Swarozgar Yojna (earlier known as Integrated Rural Development Programme);
\n (c) Scheme for Insurance of Tribals;
\n (d) Janata Personal Accident Policy and Gramin Accident Policy;
\n (e) Group Personal Accident Policy for Self-Employed Women;
\n (f) Agricultural Pumpset and Failed Well Insurance;
\n (g) premia collected on export credit insurance;
\n (h) 3[Restructured Weather Based Crop Insurance Scheme (RWCIS)] a<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\n
\n**************
\nNotes:
\nAs amended vide notification no. 21\/2017 IT(R) dated 22-8-2017, before it was read as,
\n “Services of general insurance business provided under following schemes –
\n (a) Hut Insurance Scheme;
\n (b) Cattle Insurance under Swarnajaynti Gram Swarozgar Yojna (earlier known as Integrated Rural Development Programme);
\n (c) Scheme for Insurance of Tribals;
\n (d) Janata Personal Accident Policy and Gramin Accident Policy;
\n (e) Group Personal Accident Policy for Self-Employed Women;
\n (f) Agricultural Pumpset and Failed Well Insurance;
\n (g) premia collected on export credit insurance;
\n (h) Weather Based Crop Insurance S<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n