GST for Medi Insurance

[Narayanan Venkateshwaran]

All of us are aware of  revamp of GST tariff in the recently concluded meeting. 

Among other things decision has been made to completely waive GST for individual medi policy. It does not cover group policies ADMINISTERED by ex employer, Banks if we name ,wherein premium is collected from retirees. .GST administration could not have visualised such a strange situation. Shame on Banks. 

C V Narayanan