Standard Operating and Accounting Procedure for GST on the Incentive payable to the Sales Force of PLI & RPLI under Reverse Charge Mechanism.

 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.