Co-insurance premium and re-insurance commission not taxable under GST: Madras HC

Royal Sundaram General Insurance Co. Limited Vs Union of India (Madras High Court) Madras High Court held that the co­insurance premium and re-insurance commission would not be considered as supply and hence not liable to pay GST. Thus, amount deposited by petitioners are entitled for refund. Facts- The present writ petitions are filed under Article 226 of the Constitution of India. The issue involved in these writ petitions pertains to whether the Co-insurance premium and Reinsurance commission would be treated as supply or would be liable to pay the GST. Notably, petitioners deposited sum a...