No GST on Services Provided by the Motor Vehicle Accident Fund Against Contributions Made by Insurers | Notification
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- Last Updated on 19 January, 2025
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Notification No. 06/2025-Central Tax (Rate) dated 16th January, 2025
The CBIC has issued notification to provide that no GST shall be levied on services of insurance provided by the Motor Vehicle Accident Fund against contributions made by insurers out of the premiums collected for third party insurance of motor vehicles.
Motor Vehicle Accident Fund is constituted for providing compensation/cashless treatment to the victims of road accidents including those involved in hit and run cases.
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