by AIP Online Bureau | Feb 18, 2024 | Briefs, Non-Life, Regulation, Reinsurance
Star Health and Allied Insurance Company said that it has received a tax demand order for Rs 170 crore, along with a penalty of Rs 8.7 crore on non-payment of GST liability on the re-insurance commission received by the company during the period April 2018 to March...
by AIP Online Bureau | Oct 3, 2023 | Indian News, Non-Life, Reinsurance
The alleged demand and the impugned show cause cum demand notice pertains to non-payment of GST on the co-insurance premium accepted as follower in case of coinsurance transactions and non-payment of GST on re-insurance commissionaccepted on the reinsurance premium...
