The Kerala High Court issued notice on a plea alleging Star Health and Allied Insurance Company Limited failed to reduce premiums despite GST exemption on health insurance, with petitioner Lawrence Joseph claiming he paid nearly the same amount after the policy change.
The Supreme Court ruled that leasing residential properties for student and professional hostels is exempt from GST, confirming the Karnataka High Court’s earlier decision. This judgment clarifies that the GST exemption applies to renting for residential use, not tenant type.
The Supreme Court has ruled that renting a residential property to a company that uses it as a hostel for students and working professionals is exempt from GST. The Court said this ensures the “legislative intent behind residential exemption” is not defeated.
The Supreme Court Bar Association has asked Finance Minister Nirmala Sitharaman to remove 18% GST on its planned group insurance scheme. SCBA says the tax burden discourages advocates from accessing affordable health and accident cover.
