GST TDS applicability

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Vilash (Querist)
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16 February 2026 Whether a Government company is required to deduct GST TDS on payment of premium towards employees Group Term Life Insurance and Group Health Insurance policies procured from a private insurance company ?

Vilash

Vilash (Querist)
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16 February 2026 Respected Sir/Madam,

Kindly assist at the earliest pls.

Aashok Kumar Sharma

Aashok Kumar Sharma (Expert)
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17 February 2026 Government companies must deduct 2% GST TDS on Group Insurance premiums if the contract exceeds ₹2.5 Lakh, as these policies remain taxable at 18% despite the 2025 exemptions for individual policies.

Aashok Kumar Sharma

Aashok Kumar Sharma (Expert)
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17 February 2026 Since you are a Government company procuring Group policies from a private insurer, you must deduct 2% GST TDS from the premium payment, provided the total premium amount (before taxes) for that specific contract is more than ₹2,50,000. You must then remit this to the government and file Form GSTR-7.

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