Insurance cos plan to file writ petition seeking GST clarity

Staring at a collective tax demand of ₹12,000 crore, the insurance sector was waiting for the GST Council meeting to get clarity over the issue. However, with no GST Council meeting in sight now before the formation of new government and the sector facing March 31 as a deadline to pay the tax, insurance companies are planning to file the writ petition against the tax demand before the end of this month.
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