Amendment status not verified — confirm the current text below against the official source.
Services by insurer to the reinsurer for which ceding commission or the reinsurance commission is deducted from reinsurance premium paid by the insurer to the reinsurer, subject to the condition that the central tax, the State tax, the Union territory tax and the integrated tax is paid by the reinsurer on the gross reinsurance premium payable by the insurer to the reinsurer, inclusive of the said ceding commission or the reinsurance commission.".]303 [Explanation 1].304-For the purposes of paragraph 2, the term "court" includes District Court, High Court and Supreme Court. [Explanation 2.–– For the purposes of [clause (a) of]305 paragraph 8, the expression "warehouse goods" shall have the same meaning as assigned to it in the Customs Act, 1962 (Central Act 52 of 1962).] 306 [Explanation 3.––For the purposes of clause (aa) of paragraph 8, the expressions ―Special Economic Zone‖, ―Free Trade Warehousing Zone‖ and ―Domestic Tariff Area‖ shall have the same meanings respectively as assigned to them in section 2 of the Special Economic Zones Act, 2005.]307 ------------------ 2017 by The Bihar Goods and Services Tax (Amendment) Act, 2023 (Bihar Act no. 12 of 2023) vide Notification No. 604 Dated 25th July, 2023.