AXA France Vie-India Vs Union of India & Ors
Date: September 30, 2024
Subject Matter
Liability on reinsurance service between 1st July 2017 and 26th July 2018 regularized on 'as is where is' basis
Summary
The case involves a petition submitted by a multinational insurance company challenging several notifications and orders related to the Goods and Services Tax (GST) on reinsurance services associated with government-sponsored insurance schemes. Here…
FULL TEXT OF THE JUDGMENT/ORDER OF DELHI HIGH COURT 1. The present petition has been preferred seeking the following reliefs:- “(a) Issue a writ of mandamus or any other appropriate writ(s), or order(s) or direction(s) in the nature thereof, declaring that Notification No. 14/2018 – Central Tax (Rate) dated 26.07.2018 issued by Respondent No. 1 whereby Entry 36A to the Principal Exempt…