Amendment status not verified — confirm the current text below against the official source.
Paragraphs 7 and 8 and the Explanation 2 thereof (as inserted vide section 32 of Bihar Act 14, 2018) shall be deemed to have been inserted therein with effect from the 1" day of July, 2025 BIHAR GOODS AND SERVICES TAX ACT, 2017 173 Compiled by Commercial Taxes Department, Bihar in Association with National Law Book Publications, Ghaziabad ["9. Activity of apportionment of co-insurance premium by the lead insurer to the co-insurer for the insurance services jointly supplied by the lead insurer and the co-insurer to the insured in co-insurance agreements, subject to the condition that the lead insurer pays the central tax, the State tax, the Union territory tax and the integrated tax on the entire amount of premium paid by the insured.