Premium recovery from employees’ parents mediclaim not liable for GST, rules AAR

The ruling to benefit the salaried class A Goods and Services Tax (GST) ruling has held that recovery of medical insurance premium from salary of employees for parents’ Mediclaim would not be liable to GST. This decision will benefit the salaried class. The ruling was given recently by the Maharashtra Authority for Advance Ruling (AAR). Although such rulings do not have precedent value like that o…