Standard Operating and Accounting Procedure for GST on the Incentive payable to the Sales Force of PLI & RPLI under Reverse Charge Mechanism.
F. No. 29-09/2021-LI
Govt. of India Ministry of Communications
Department of Posts
Directorate of Postal Life Insurance
Chanakyapuri PO Complex, New Delhi - 110 021.
Dated 02.09.2022
To
All Head of Circles
All Head of Postal Accounts Offices
Subject: Standard Operating and Accounting Procedure for GST on the Incentive payable to the Sales Force of PLI & RPLI under Reverse Charge Mechanism – reg.
This
is regarding payment of GST on the Incentive payable to the Sales Force
of PLI & RPLI under Reverse Charge Mechanism w.e.f. 1st July 2017
with reference to the sl. No. 7 of Department of Revenue, Ministry of
Finance Gazette Notification No. 13/2017 - Central Tax (Rate) dated
28.06.2017.
Standard
Operating and Accounting Procedure as received from PAF Division,
Postal Directorate containing roles of different offices is being
enclosed for reference and necessary action by the respective offices.
It
is therefore requested that the above SO&AP be widely disseminated
among all administrative, accounting and operative offices for smooth
implementation.
This issues with the approval of CGM (PLI).
Encl: As above.
(Sachidanand Prasad)
General Manager (Finance)
Copy to:
1) Sr. PPS to Secretary (Posts)/Sr. PPS to Director General of Postal Services
2) PPS-to Member (PLI)
3) Sr. Dy: Director General (PAF)
4) Director (PLI), Kolkata
5) CGM (CEPT) 6) Office copy.