{"id":3067,"date":"2022-08-17T06:04:03","date_gmt":"2022-08-17T06:04:03","guid":{"rendered":"https:\/\/rvkassociates.com\/blog\/?p=3067"},"modified":"2022-08-17T06:04:05","modified_gmt":"2022-08-17T06:04:05","slug":"applicability-of-service-tax-gst-on-services-provided-by-irdai-to-insurance-intermediaries","status":"publish","type":"post","link":"https:\/\/rvks.in\/blogs\/applicability-of-service-tax-gst-on-services-provided-by-irdai-to-insurance-intermediaries\/","title":{"rendered":"Applicability of Service Tax \/ GST on services provided by IRDAI to Insurance intermediaries"},"content":{"rendered":"\n<p class=\"has-text-align-right\">11\/08\/2022<\/p>\n\n\n\n<p>As per the Order passed by the Commissioner (Appeals \u2013 I) in appeal no. HYD\/SVTAXHYC\/APP-025-022-23 (APP1) dated 22\/06\/2022, it is stated that the services provided by the Authority to Insurance intermediaries are liable for Service Tax \/ GST.<\/p>\n\n\n\n<p>Therefore, all insurance intermediaries are advised to ensure that any payment made to the Authority towards fees \/ charges etc., paid \/ payable on or after 12\/08\/2022 shall be made along with GST @ 18%. Instructions in respect of Service Tax \/ GST for the earlier period will be issued separately.<\/p>\n\n\n\n<p>Further, all the insurance intermediaries are directed to submit a copy of their GST registration certificate bearing the Goods and Services Tax Identification Number to the Authority on the email ID,  anthishri@irdai.gov.in and accounts@irdai.gov.in on or before 20th August, 2022 for the purpose of including the same in the invoices generated by the Authority in respect of the fee collection.<\/p>\n\n\n\n<p class=\"has-text-align-right\">CGM (General Administration &amp; HR)<\/p>\n\n\n\n<p><strong>Circular :<\/strong> <a href=\"https:\/\/www.dropbox.com\/s\/7gwxhqkhyvzm3xl\/IRDAI%20GA%26HR%20Cir.%20No.%20172-11.8.2022.pdf?dl=0\">https:\/\/www.dropbox.com\/s\/7gwxhqkhyvzm3xl\/IRDAI%20GA%26HR%20Cir.%20No.%20172-11.8.2022.pdf?dl=0<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>11\/08\/2022 As per the Order passed by the Commissioner (Appeals \u2013 I) in appeal no. HYD\/SVTAXHYC\/APP-025-022-23 (APP1) dated 22\/06\/2022, it is stated that the services provided by the Authority to Insurance intermediaries are liable for Service Tax \/ GST. Therefore, all insurance intermediaries are advised to ensure that any payment made to the Authority towards [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1539,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,90],"tags":[91],"class_list":["post-3067","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-circulars","category-irda","tag-irda"],"_links":{"self":[{"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/posts\/3067","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/comments?post=3067"}],"version-history":[{"count":1,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/posts\/3067\/revisions"}],"predecessor-version":[{"id":3068,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/posts\/3067\/revisions\/3068"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/media\/1539"}],"wp:attachment":[{"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/media?parent=3067"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/categories?post=3067"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/tags?post=3067"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}