GST on Insurance premium

GST on insurance premium, 26 October 2026: 5% / 18%. In some cases the receiver pays the GST under reverse charge (see who pays). The exact rate depends on the entry that fits the supply — read the entries below, each with its notification.

Within a state the GST is split equally: for example 18% = 9% CGST + 9% SGST; between states it is charged as IGST.

GST rate today

Entries in force on 26 October 2026:

• 18% — Other financial and related services not covered by the items above have GST at 18%. (3/2022-CT(R), entry 15(vii), from 18 July 2022)
• 5% — Third party insurance of goods carriages (goods vehicles) has GST at 5%. (15/2025-CT(R), entry 15(vi), from 22 September 2025)

No GST (exemptions in force)

• Nil — Annuity paid out under the National Pension System (NPS) by a life insurer has no GST. (12/2017-CT(R), entry 28, from 1 July 2017)
• Nil — Life insurance given by the Army, Navy and Air Force Group Insurance Funds to their members has no GST. (12/2017-CT(R), entry 29, from 1 July 2017)
• Nil — When the Naval Group Insurance Fund gives life insurance to Coast Guard staff under government group schemes, there is no GST. (2/2018-CT(R), entry 29A, from 25 January 2018)
• Nil — When Central Armed Police Forces group insurance funds give life insurance to their members, there is no GST. (21/2019-CT(R), entry 29B, from 1 October 2019)
• Nil — Services by ESIC to people covered under the ESI Act have no GST. (12/2017-CT(R), entry 30, from 1 July 2017)
• Nil — General insurance under listed schemes has no GST. Examples are hut, cattle, crop (PMFBY, weather-based), Janata or Gramin accident, and Jan Arogya policies (see the notification for the full list). (21/2019-CT(R), entry 35, from 1 October 2019)
• Nil — When life insurance is given under schemes like Janashree, Aam Aadmi, PM Jeevan Jyoti, PM Vaya Vandana or approved micro-insurance up to ₹2 lakh cover, there is no GST. (2/2018-CT(R), entry 36, from 25 January 2018)
• Nil — No GST on reinsurance of the insurance schemes listed at serial numbers 35, 36 or 40 of the notification. (14/2018-CT(R), entry 36A, from 27 July 2018)
• Nil — No GST on insurance provided by the Motor Vehicle Accident Fund, paid for from insurers' third-party premium contributions. (6/2025-CT(R), entry 36B, from 16 January 2025)
• Nil — When an insurer sells life insurance to an individual or a family (not a group policy), there is no GST. (16/2025-CT(R), entry 36C, from 22 September 2025)
• Nil — When an insurer sells health insurance to an individual or a family (not a group policy), there is no GST. (16/2025-CT(R), entry 36D, from 22 September 2025)
• Nil — No GST on reinsurance of the insurance services listed at serial numbers 36C or 36D of the notification. (16/2025-CT(R), entry 36E, from 22 September 2025)
• Nil — Business correspondents or facilitators serving a bank's rural branch accounts or an insurance company in rural areas, and their intermediaries, pay no GST on that service. (12/2017-CT(R), entry 39, from 1 July 2017)
• Nil — When a financial services intermediary in an IFSC special economic zone serves customers outside India in foreign currency, there is no GST. (2/2018-CT(R), entry 39A, from 25 January 2018)
• Nil — Insurance schemes where the government pays the entire premium have no GST. (12/2017-CT(R), entry 40, from 1 July 2017)

Who pays the GST (reverse charge)

Reverse-charge entries in force on 26 October 2026 (Notification 13/2017-Central Tax (Rate) and its amendments): the receiver pays the GST instead of the supplier.

• If an insurance agent provides services to an insurance company, the insurance company pays the GST, not the agent. (13/2017-CT(R), entry 7, from 1 July 2017)

Period by period since 1 July 2017

Every period between two changes in the notifications, with each rate entry in force for this service in that period. The table further down lists each entry once, with its start and end.

1 July 2017 – 21 August 2017

• 18% — Other financial and related services not covered by the items above have GST at 18%. (11/2017-CT(R), entry 15(v), from 1 July 2017)
• Nil — Annuity paid out under the National Pension System (NPS) by a life insurer has no GST. (12/2017-CT(R), entry 28, from 1 July 2017)
• Nil — Life insurance given by the Army, Navy and Air Force Group Insurance Funds to their members has no GST. (12/2017-CT(R), entry 29, from 1 July 2017)
• Nil — Services by ESIC to people covered under the ESI Act have no GST. (12/2017-CT(R), entry 30, from 1 July 2017)
• Nil — Services by IRDAI to insurance companies have no GST. (12/2017-CT(R), entry 32, from 1 July 2017)
• Nil — General insurance under listed government schemes has no GST — for example hut, cattle, crop, pumpset, Janata accident, Jan Arogya, Rashtriya Swasthya Bima and PM Suraksha Bima. (12/2017-CT(R), entry 35, from 1 July 2017)
• Nil — Life insurance under listed schemes — Janashree, Aam Aadmi, micro-insurance up to ₹50,000 cover, Varishtha Pension, PM Jeevan Jyoti, PM Jan Dhan and PM Vaya Vandana — has no GST. (12/2017-CT(R), entry 36, from 1 July 2017)
• Nil — Business correspondents or facilitators serving a bank's rural branch accounts or an insurance company in rural areas, and their intermediaries, pay no GST on that service. (12/2017-CT(R), entry 39, from 1 July 2017)
• Nil — Insurance schemes where the government pays the entire premium have no GST. (12/2017-CT(R), entry 40, from 1 July 2017)

22 August 2017 – 12 October 2017

• 18% — Other financial and related services not covered by the items above have GST at 18%. (11/2017-CT(R), entry 15(v), from 1 July 2017)
• Nil — Annuity paid out under the National Pension System (NPS) by a life insurer has no GST. (12/2017-CT(R), entry 28, from 1 July 2017)
• Nil — Life insurance given by the Army, Navy and Air Force Group Insurance Funds to their members has no GST. (12/2017-CT(R), entry 29, from 1 July 2017)
• Nil — Services by ESIC to people covered under the ESI Act have no GST. (12/2017-CT(R), entry 30, from 1 July 2017)
• Nil — Services by IRDAI to insurance companies have no GST. (12/2017-CT(R), entry 32, from 1 July 2017)
• Nil — General insurance under listed schemes has no GST. Examples are hut, cattle, crop (PMFBY, weather-based), Janata or Gramin accident, and Jan Arogya policies (see the notification for the full list). (21/2017-CT(R), entry 35, from 22 August 2017)
• Nil — Life insurance under listed schemes — Janashree, Aam Aadmi, micro-insurance up to ₹50,000 cover, Varishtha Pension, PM Jeevan Jyoti, PM Jan Dhan and PM Vaya Vandana — has no GST. (12/2017-CT(R), entry 36, from 1 July 2017)
• Nil — Business correspondents or facilitators serving a bank's rural branch accounts or an insurance company in rural areas, and their intermediaries, pay no GST on that service. (12/2017-CT(R), entry 39, from 1 July 2017)
• Nil — Insurance schemes where the government pays the entire premium have no GST. (12/2017-CT(R), entry 40, from 1 July 2017)

13 October 2017 – 24 January 2018

• 18% — Other financial and related services not covered by the items above have GST at 18%. (31/2017-CT(R), entry 15(vi), from 13 October 2017)
• Nil — Annuity paid out under the National Pension System (NPS) by a life insurer has no GST. (12/2017-CT(R), entry 28, from 1 July 2017)
• Nil — Life insurance given by the Army, Navy and Air Force Group Insurance Funds to their members has no GST. (12/2017-CT(R), entry 29, from 1 July 2017)
• Nil — Services by ESIC to people covered under the ESI Act have no GST. (12/2017-CT(R), entry 30, from 1 July 2017)
• Nil — Services by IRDAI to insurance companies have no GST. (12/2017-CT(R), entry 32, from 1 July 2017)
• Nil — General insurance under listed schemes has no GST. Examples are hut, cattle, crop (PMFBY, weather-based), Janata or Gramin accident, and Jan Arogya policies (see the notification for the full list). (21/2017-CT(R), entry 35, from 22 August 2017)
• Nil — Life insurance under listed schemes — Janashree, Aam Aadmi, micro-insurance up to ₹50,000 cover, Varishtha Pension, PM Jeevan Jyoti, PM Jan Dhan and PM Vaya Vandana — has no GST. (12/2017-CT(R), entry 36, from 1 July 2017)
• Nil — Business correspondents or facilitators serving a bank's rural branch accounts or an insurance company in rural areas, and their intermediaries, pay no GST on that service. (12/2017-CT(R), entry 39, from 1 July 2017)
• Nil — Insurance schemes where the government pays the entire premium have no GST. (12/2017-CT(R), entry 40, from 1 July 2017)

25 January 2018 – 26 July 2018

• 18% — Other financial and related services not covered by the items above have GST at 18%. (31/2017-CT(R), entry 15(vi), from 13 October 2017)
• Nil — Annuity paid out under the National Pension System (NPS) by a life insurer has no GST. (12/2017-CT(R), entry 28, from 1 July 2017)
• Nil — Life insurance given by the Army, Navy and Air Force Group Insurance Funds to their members has no GST. (12/2017-CT(R), entry 29, from 1 July 2017)
• Nil — When the Naval Group Insurance Fund gives life insurance to Coast Guard staff under government group schemes, there is no GST. (2/2018-CT(R), entry 29A, from 25 January 2018)
• Nil — Services by ESIC to people covered under the ESI Act have no GST. (12/2017-CT(R), entry 30, from 1 July 2017)
• Nil — Services by IRDAI to insurance companies have no GST. (12/2017-CT(R), entry 32, from 1 July 2017)
• Nil — General insurance under listed schemes has no GST. Examples are hut, cattle, crop (PMFBY, weather-based), Janata or Gramin accident, and Jan Arogya policies (see the notification for the full list). (21/2017-CT(R), entry 35, from 22 August 2017)
• Nil — When life insurance is given under schemes like Janashree, Aam Aadmi, PM Jeevan Jyoti, PM Vaya Vandana or approved micro-insurance up to ₹2 lakh cover, there is no GST. (2/2018-CT(R), entry 36, from 25 January 2018)
• Nil — No GST on reinsurance of the insurance schemes listed at serial numbers 35 or 36 of the notification. (2/2018-CT(R), entry 36A, from 25 January 2018)
• Nil — Business correspondents or facilitators serving a bank's rural branch accounts or an insurance company in rural areas, and their intermediaries, pay no GST on that service. (12/2017-CT(R), entry 39, from 1 July 2017)
• Nil — When a financial services intermediary in an IFSC special economic zone serves customers outside India in foreign currency, there is no GST. (2/2018-CT(R), entry 39A, from 25 January 2018)
• Nil — Insurance schemes where the government pays the entire premium have no GST. (12/2017-CT(R), entry 40, from 1 July 2017)

27 July 2018 – 31 December 2018

• 18% — Other financial and related services not covered by the items above have GST at 18%. (31/2017-CT(R), entry 15(vi), from 13 October 2017)
• Nil — Annuity paid out under the National Pension System (NPS) by a life insurer has no GST. (12/2017-CT(R), entry 28, from 1 July 2017)
• Nil — Life insurance given by the Army, Navy and Air Force Group Insurance Funds to their members has no GST. (12/2017-CT(R), entry 29, from 1 July 2017)
• Nil — When the Naval Group Insurance Fund gives life insurance to Coast Guard staff under government group schemes, there is no GST. (2/2018-CT(R), entry 29A, from 25 January 2018)
• Nil — Services by ESIC to people covered under the ESI Act have no GST. (12/2017-CT(R), entry 30, from 1 July 2017)
• Nil — Services by IRDAI to insurance companies have no GST. (12/2017-CT(R), entry 32, from 1 July 2017)
• Nil — General insurance under listed schemes has no GST. Examples are hut, cattle, crop (PMFBY, weather-based), Janata or Gramin accident, and Jan Arogya policies (see the notification for the full list). (21/2017-CT(R), entry 35, from 22 August 2017)
• Nil — When life insurance is given under schemes like Janashree, Aam Aadmi, PM Jeevan Jyoti, PM Vaya Vandana or approved micro-insurance up to ₹2 lakh cover, there is no GST. (2/2018-CT(R), entry 36, from 25 January 2018)
• Nil — No GST on reinsurance of the insurance schemes listed at serial numbers 35, 36 or 40 of the notification. (14/2018-CT(R), entry 36A, from 27 July 2018)
• Nil — Business correspondents or facilitators serving a bank's rural branch accounts or an insurance company in rural areas, and their intermediaries, pay no GST on that service. (12/2017-CT(R), entry 39, from 1 July 2017)
• Nil — When a financial services intermediary in an IFSC special economic zone serves customers outside India in foreign currency, there is no GST. (2/2018-CT(R), entry 39A, from 25 January 2018)
• Nil — Insurance schemes where the government pays the entire premium have no GST. (12/2017-CT(R), entry 40, from 1 July 2017)

1 January 2019 – 30 September 2019

• 18% — Other financial and related services not covered by the items above have GST at 18%. (27/2018-CT(R), entry 15(vii), from 1 January 2019)
• 12% — Third party insurance of goods carriages (goods vehicles) has GST at 12%. (27/2018-CT(R), entry 15(vi), from 1 January 2019)
• Nil — Annuity paid out under the National Pension System (NPS) by a life insurer has no GST. (12/2017-CT(R), entry 28, from 1 July 2017)
• Nil — Life insurance given by the Army, Navy and Air Force Group Insurance Funds to their members has no GST. (12/2017-CT(R), entry 29, from 1 July 2017)
• Nil — When the Naval Group Insurance Fund gives life insurance to Coast Guard staff under government group schemes, there is no GST. (2/2018-CT(R), entry 29A, from 25 January 2018)
• Nil — Services by ESIC to people covered under the ESI Act have no GST. (12/2017-CT(R), entry 30, from 1 July 2017)
• Nil — Services by IRDAI to insurance companies have no GST. (12/2017-CT(R), entry 32, from 1 July 2017)
• Nil — General insurance under listed schemes has no GST. Examples are hut, cattle, crop (PMFBY, weather-based), Janata or Gramin accident, and Jan Arogya policies (see the notification for the full list). (21/2017-CT(R), entry 35, from 22 August 2017)
• Nil — When life insurance is given under schemes like Janashree, Aam Aadmi, PM Jeevan Jyoti, PM Vaya Vandana or approved micro-insurance up to ₹2 lakh cover, there is no GST. (2/2018-CT(R), entry 36, from 25 January 2018)
• Nil — No GST on reinsurance of the insurance schemes listed at serial numbers 35, 36 or 40 of the notification. (14/2018-CT(R), entry 36A, from 27 July 2018)
• Nil — Business correspondents or facilitators serving a bank's rural branch accounts or an insurance company in rural areas, and their intermediaries, pay no GST on that service. (12/2017-CT(R), entry 39, from 1 July 2017)
• Nil — When a financial services intermediary in an IFSC special economic zone serves customers outside India in foreign currency, there is no GST. (2/2018-CT(R), entry 39A, from 25 January 2018)
• Nil — Insurance schemes where the government pays the entire premium have no GST. (12/2017-CT(R), entry 40, from 1 July 2017)

1 October 2019 – 17 July 2022

• 18% — Other financial and related services not covered by the items above have GST at 18%. (20/2019-CT(R), entry 15(vii), from 1 October 2019)
• 12% — Third party insurance of goods carriages (goods vehicles) has GST at 12%. (27/2018-CT(R), entry 15(vi), from 1 January 2019)
• Nil — Annuity paid out under the National Pension System (NPS) by a life insurer has no GST. (12/2017-CT(R), entry 28, from 1 July 2017)
• Nil — Life insurance given by the Army, Navy and Air Force Group Insurance Funds to their members has no GST. (12/2017-CT(R), entry 29, from 1 July 2017)
• Nil — When the Naval Group Insurance Fund gives life insurance to Coast Guard staff under government group schemes, there is no GST. (2/2018-CT(R), entry 29A, from 25 January 2018)
• Nil — When Central Armed Police Forces group insurance funds give life insurance to their members, there is no GST. (21/2019-CT(R), entry 29B, from 1 October 2019)
• Nil — Services by ESIC to people covered under the ESI Act have no GST. (12/2017-CT(R), entry 30, from 1 July 2017)
• Nil — Services by IRDAI to insurance companies have no GST. (12/2017-CT(R), entry 32, from 1 July 2017)
• Nil — General insurance under listed schemes has no GST. Examples are hut, cattle, crop (PMFBY, weather-based), Janata or Gramin accident, and Jan Arogya policies (see the notification for the full list). (21/2019-CT(R), entry 35, from 1 October 2019)
• Nil — When life insurance is given under schemes like Janashree, Aam Aadmi, PM Jeevan Jyoti, PM Vaya Vandana or approved micro-insurance up to ₹2 lakh cover, there is no GST. (2/2018-CT(R), entry 36, from 25 January 2018)
• Nil — No GST on reinsurance of the insurance schemes listed at serial numbers 35, 36 or 40 of the notification. (14/2018-CT(R), entry 36A, from 27 July 2018)
• Nil — Business correspondents or facilitators serving a bank's rural branch accounts or an insurance company in rural areas, and their intermediaries, pay no GST on that service. (12/2017-CT(R), entry 39, from 1 July 2017)
• Nil — When a financial services intermediary in an IFSC special economic zone serves customers outside India in foreign currency, there is no GST. (2/2018-CT(R), entry 39A, from 25 January 2018)
• Nil — Insurance schemes where the government pays the entire premium have no GST. (12/2017-CT(R), entry 40, from 1 July 2017)

18 July 2022 – 15 January 2025

• 18% — Other financial and related services not covered by the items above have GST at 18%. (3/2022-CT(R), entry 15(vii), from 18 July 2022)
• 12% — Third party insurance of goods carriages (goods vehicles) has GST at 12%. (27/2018-CT(R), entry 15(vi), from 1 January 2019)
• Nil — Annuity paid out under the National Pension System (NPS) by a life insurer has no GST. (12/2017-CT(R), entry 28, from 1 July 2017)
• Nil — Life insurance given by the Army, Navy and Air Force Group Insurance Funds to their members has no GST. (12/2017-CT(R), entry 29, from 1 July 2017)
• Nil — When the Naval Group Insurance Fund gives life insurance to Coast Guard staff under government group schemes, there is no GST. (2/2018-CT(R), entry 29A, from 25 January 2018)
• Nil — When Central Armed Police Forces group insurance funds give life insurance to their members, there is no GST. (21/2019-CT(R), entry 29B, from 1 October 2019)
• Nil — Services by ESIC to people covered under the ESI Act have no GST. (12/2017-CT(R), entry 30, from 1 July 2017)
• Nil — General insurance under listed schemes has no GST. Examples are hut, cattle, crop (PMFBY, weather-based), Janata or Gramin accident, and Jan Arogya policies (see the notification for the full list). (21/2019-CT(R), entry 35, from 1 October 2019)
• Nil — When life insurance is given under schemes like Janashree, Aam Aadmi, PM Jeevan Jyoti, PM Vaya Vandana or approved micro-insurance up to ₹2 lakh cover, there is no GST. (2/2018-CT(R), entry 36, from 25 January 2018)
• Nil — No GST on reinsurance of the insurance schemes listed at serial numbers 35, 36 or 40 of the notification. (14/2018-CT(R), entry 36A, from 27 July 2018)
• Nil — Business correspondents or facilitators serving a bank's rural branch accounts or an insurance company in rural areas, and their intermediaries, pay no GST on that service. (12/2017-CT(R), entry 39, from 1 July 2017)
• Nil — When a financial services intermediary in an IFSC special economic zone serves customers outside India in foreign currency, there is no GST. (2/2018-CT(R), entry 39A, from 25 January 2018)
• Nil — Insurance schemes where the government pays the entire premium have no GST. (12/2017-CT(R), entry 40, from 1 July 2017)

16 January 2025 – 21 September 2025

• 18% — Other financial and related services not covered by the items above have GST at 18%. (3/2022-CT(R), entry 15(vii), from 18 July 2022)
• 12% — Third party insurance of goods carriages (goods vehicles) has GST at 12%. (27/2018-CT(R), entry 15(vi), from 1 January 2019)
• Nil — Annuity paid out under the National Pension System (NPS) by a life insurer has no GST. (12/2017-CT(R), entry 28, from 1 July 2017)
• Nil — Life insurance given by the Army, Navy and Air Force Group Insurance Funds to their members has no GST. (12/2017-CT(R), entry 29, from 1 July 2017)
• Nil — When the Naval Group Insurance Fund gives life insurance to Coast Guard staff under government group schemes, there is no GST. (2/2018-CT(R), entry 29A, from 25 January 2018)
• Nil — When Central Armed Police Forces group insurance funds give life insurance to their members, there is no GST. (21/2019-CT(R), entry 29B, from 1 October 2019)
• Nil — Services by ESIC to people covered under the ESI Act have no GST. (12/2017-CT(R), entry 30, from 1 July 2017)
• Nil — General insurance under listed schemes has no GST. Examples are hut, cattle, crop (PMFBY, weather-based), Janata or Gramin accident, and Jan Arogya policies (see the notification for the full list). (21/2019-CT(R), entry 35, from 1 October 2019)
• Nil — When life insurance is given under schemes like Janashree, Aam Aadmi, PM Jeevan Jyoti, PM Vaya Vandana or approved micro-insurance up to ₹2 lakh cover, there is no GST. (2/2018-CT(R), entry 36, from 25 January 2018)
• Nil — No GST on reinsurance of the insurance schemes listed at serial numbers 35, 36 or 40 of the notification. (14/2018-CT(R), entry 36A, from 27 July 2018)
• Nil — No GST on insurance provided by the Motor Vehicle Accident Fund, paid for from insurers' third-party premium contributions. (6/2025-CT(R), entry 36B, from 16 January 2025)
• Nil — Business correspondents or facilitators serving a bank's rural branch accounts or an insurance company in rural areas, and their intermediaries, pay no GST on that service. (12/2017-CT(R), entry 39, from 1 July 2017)
• Nil — When a financial services intermediary in an IFSC special economic zone serves customers outside India in foreign currency, there is no GST. (2/2018-CT(R), entry 39A, from 25 January 2018)
• Nil — Insurance schemes where the government pays the entire premium have no GST. (12/2017-CT(R), entry 40, from 1 July 2017)

22 September 2025 – in force

• 18% — Other financial and related services not covered by the items above have GST at 18%. (3/2022-CT(R), entry 15(vii), from 18 July 2022)
• 5% — Third party insurance of goods carriages (goods vehicles) has GST at 5%. (15/2025-CT(R), entry 15(vi), from 22 September 2025)
• Nil — Annuity paid out under the National Pension System (NPS) by a life insurer has no GST. (12/2017-CT(R), entry 28, from 1 July 2017)
• Nil — Life insurance given by the Army, Navy and Air Force Group Insurance Funds to their members has no GST. (12/2017-CT(R), entry 29, from 1 July 2017)
• Nil — When the Naval Group Insurance Fund gives life insurance to Coast Guard staff under government group schemes, there is no GST. (2/2018-CT(R), entry 29A, from 25 January 2018)
• Nil — When Central Armed Police Forces group insurance funds give life insurance to their members, there is no GST. (21/2019-CT(R), entry 29B, from 1 October 2019)
• Nil — Services by ESIC to people covered under the ESI Act have no GST. (12/2017-CT(R), entry 30, from 1 July 2017)
• Nil — General insurance under listed schemes has no GST. Examples are hut, cattle, crop (PMFBY, weather-based), Janata or Gramin accident, and Jan Arogya policies (see the notification for the full list). (21/2019-CT(R), entry 35, from 1 October 2019)
• Nil — When life insurance is given under schemes like Janashree, Aam Aadmi, PM Jeevan Jyoti, PM Vaya Vandana or approved micro-insurance up to ₹2 lakh cover, there is no GST. (2/2018-CT(R), entry 36, from 25 January 2018)
• Nil — No GST on reinsurance of the insurance schemes listed at serial numbers 35, 36 or 40 of the notification. (14/2018-CT(R), entry 36A, from 27 July 2018)
• Nil — No GST on insurance provided by the Motor Vehicle Accident Fund, paid for from insurers' third-party premium contributions. (6/2025-CT(R), entry 36B, from 16 January 2025)
• Nil — When an insurer sells life insurance to an individual or a family (not a group policy), there is no GST. (16/2025-CT(R), entry 36C, from 22 September 2025)
• Nil — When an insurer sells health insurance to an individual or a family (not a group policy), there is no GST. (16/2025-CT(R), entry 36D, from 22 September 2025)
• Nil — No GST on reinsurance of the insurance services listed at serial numbers 36C or 36D of the notification. (16/2025-CT(R), entry 36E, from 22 September 2025)
• Nil — Business correspondents or facilitators serving a bank's rural branch accounts or an insurance company in rural areas, and their intermediaries, pay no GST on that service. (12/2017-CT(R), entry 39, from 1 July 2017)
• Nil — When a financial services intermediary in an IFSC special economic zone serves customers outside India in foreign currency, there is no GST. (2/2018-CT(R), entry 39A, from 25 January 2018)
• Nil — Insurance schemes where the government pays the entire premium have no GST. (12/2017-CT(R), entry 40, from 1 July 2017)

SAC codes under 99713

• 997131 Pension services
• 997132 Life insurance services (excluding reinsurance services)
• 997133 Accident and health insurance services
• 997134 Motor vehicle insurance services
• 997135 Marine, aviation, and other transport insurance services
• 997136 Freight insurance services and travel insurance services
• 997137 Other property insurance services
• 997138 Freight insurance services and travel insurance services
• 997139 Other non-life insurance services (excluding reinsurance services)

Full rate history

Reverse-charge history

Check a code or a date

• Codes under this service and today's rate per code: SAC code page.
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• How to read the notification yourself: verify a GST rate. The rate on any past invoice date is in the free BooksOn HSN app.

GST on other services

• All services
• Transport charges (goods transport, GTA, freight)
• Cab, taxi and passenger transport
• Rent (rental charges for house, shop, office, land)
• Vehicle hire and rental (with driver)
• Security services (security guards)
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• Consultancy and professional fees
• Courier charges
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• Construction and works contract
• Repair and maintenance charges
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• Advertising charges
• Event management, pandal and shamiana
• Commission and brokerage

From the BooksOn HSN dataset (version 7), compiled from CBIC notifications since 1 July 2017, checked on 26 October 2026. Reference only: confirm the entry and its conditions in the notification before invoicing.