sbi life insurance broker reverse charge

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..... 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 fro .....

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..... m 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 satbir singhwahi - The Reply = Sir Now I have received mail of notification Notification No. 3/2018- Central Tax (Rate) New Delhi, the 25th January, 2018 ,and 25th GST meeting press release.KIndly confirm. - Reply By KASTURI .....

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..... SETHI - The Reply = Definition of 'Insurance Agent' has been widened. Nothing else. Regarding leviability of GST, Status quo has been maintained. - Reply By Rajagopalan Ranganathan - The Reply = Sir, Vide Sl. No.7 of Notification No.13/2017-Central Tax (Rate) dated 28.6.2017 as amended services supplied by an insurance agent to any person carrying on insurance business, gst is payab .....

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..... le by any person carrying on insurance business, located in the taxable territory. - Reply By Alkesh Jani - The Reply = Sir, I agree with our experts, by widening the meaning of Insurance agent, company cannot sift their liability to pay tax under RCM to the agent. - Reply By Ganeshan Kalyani - The Reply = insurance company has to pay GST under RCM . - sbi life insurance broker reverse char .....

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..... ge - Query Started By: - satbir singhwahi Dated:- 14-2-2018 Goods and Services Tax - GST - Got 7 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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