GST Council likely to discuss coinsurance, reinsurance issues at next meet

GST co-insurance and re-insurance are likely to be discussed at the next meeting of the GST Council, after the issue is examined by the fitment committee, a senior government official told Moneycontrol. Certain industry practices have been leading to non-payment of the tax, due to which clarity needs to be brought in, the official explained. The GST authorities have completed investigations into i…