Life Insurance Premium Receipt Parent_SK_2022_23
Life Insurance Premium Receipt Parent_SK_2022_23
Life Insurance Premium Receipt Parent_SK_2022_23
GST Details
Coverage Type SAC Code GST (INR) GSTIN 27AACCM3201E1Z3
Base 997132 9,062.02 GST Regd. State Maharashtra
Rider 997132 10.28 Affix
Reinstatement Interest 0.00 Re1
revenue
Total 9072.30 stamp
Important Note:
*For payment mode other than in cash, this receipt is conditional upon the credit in our account. Payment of premium amount does not constitute commencement of risk. The risk
commencement starts after acceptance of risk by us. *Amount received would be adjusted against the due premium as per terms and conditions of the policy. *Premium paid would be
eligible for deduction as per the provision of Income Tax Act, 1961. Kindly consult your tax advisor for more information. Tax benefits are liable to change due to changes in legislation
or government notification. *Applicable Taxes, Cesses and Levies, as per prevailing laws, shall be borne by you. *For GST purposes,this premium receipt is Tax Invoice.Assessable
Value in GST for Endowment First Year is 25%, Renewal Year is 12.5%; Single Premium Annuity is 10%; Term and Health is 100%. In case of unit linked product GST is applicable
on charges.
Authorised signatory
PRM20