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GST liability of insurance agent

swati (Unemployed) (299 Points)

26 November 2021

Is insurance agent liable to pay GST ??

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prasad Nilugal (Sr . Accountant and GST Practitioner . ) (7571 Points)
Replied 26 November 2021

RCM applicable in case of Insurance Agent , means Insurance Companies will pay GST under RCM , vide notification 13/2017 (C.T) date 28/6/2017.entry no 7.

swati (Unemployed) (299 Points)
Replied 26 November 2021

What about insurance brokers ?

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