GST FAQs

What is GST?

GST is indirect tax which will subsume all indirect taxes excluding basic custom duty. It is a destination based tax on consumption of goods and services. It will be levied at all stages right from manufacture up to final consumption with credit of taxes paid at previous stages available as setoff.

From when would GST be applicable?

GST is effective from 1st Jul 2017.

Will I have a view on how much GST is charged / I’m paying?

Yes, you can get the GST amount from your policy document.

If I pay my premium in advance will GST be applicable to me ( issuance and renewal)?

Payment done prior by 30th Jun 17 will attract Service tax. GST will be applicable on the payments done from 1st Jul 17 onwards.

Is there any impact on my premium payable?

Yes, in the GST regime the tax rate applicable is 18% instead of current 15% in the Service tax regime. There will be a 3% increment in tax rate which will in turn increase the premium amount. This is effective from 1st July 2017, and applicable on the premium paid on or after 1st July 2017.

Can I avail input tax credit benefit on GST paid on my premium?

GST paid on insurance premium is eligible as input credit only when State Government notifies the service.

If it is so, why should I provide GST number to you?

In case you have GST registration number, you must provide it to us.
As per GST return rules, service providers need to upload the transactions done with registered and unregistered person separately in GSTR-1 (Outward supply return).
And, if you are a GST registered person, you also need to show these transactions in your GSTR2 (Input Credit Return) separately under GST paid but not eligible for credit.

I am a salaried person do I need to take GST registration?

No. GST is indirect tax and applicable to business entities only. So, if you are carrying out any business or profession and your yearly turnover from business is more than INR 20 Lacs per annum, then you need to register under GST.(For more information on registration, please refer GST registration rules uploaded on GST portal)

What are GST registration numbers of ManipalCigna?

Please refer the below list:

STATE LOCATION ADDRESS GSTIN PROVISIONAL ID
Maharashtra Mumbai 401/ 402, Raheja Titanium, Western Express Highway Goregaon (East), Mumbai - 400 063 27AAECC7904J1ZI
Mumbai 5th Floor, F5-6, Pinnacle Business Park, Shanti Nagar Mahakali Road, Andheri (East)Mumbai - 400093 27AAECC7904J1ZI
Pune Unit no. 403-405, 4th Floor, Gera Legend, North Main Road, Near German bakery Koregaon Park, Pune – 411001 27AAECC7904J1ZI
Gujrat Ahmedabad 201, 2nd Floor, Megha House,b/s HDFC Mutual Fund Office,Opp Mayor's Residence, Mithakali Six Road, Navrangpura, Ahmedabad - 380009 24AAECC7904J1ZO
Karnataka Bangalore - Jayanagar Rajat Tower, 2nd Floor, 4/21, 11th Main, 4th Block, Jayanagar, Bangalore - 560011 29AAECC7904J1ZE
Mangalore Raj Tower, Grd Flr, office # 3, Balmatta Rd Mangalore – 575001. Opp Roop Hotel 29AAECC7904J1ZE
Chandigarh Chandigarh 1st Floor, SCO 149/150, Sector – 9-C,Next To Yes Bank,Madhya Marg, Chandigarh - 160009 04AAECC7904J1ZQ
Tamilnadu Chennai New No 104 Old No 90, Ganesha Tower, Dr Radhakrishnan Salai,Opp Standard Chartered Bank, Mylapore, Chennai – 600004 33AAECC7904J1ZP
Coimbatore 2nd floor, Sasha Building, East Venkataswamy Road, R S Puram, Coimbatore - 641002 33AAECC7904J1ZP
Kerala Cochin 7th Floor, Mathewsons Centre Point, Mamangalam,Above Kotak Mahendra Bank,Nr Mamangalam Church, Ernakulam, Cochin - 682025 32AAECC7904J1ZR
Delhi Delhi CignaTTK Health Insurance Company Ltd., 32-B, Pusa Road, Rajinder Nagar, Opp. Pillar no. 122 of Metro station, Karol Bagh, New Delhi - 110005 07AAECC7904J1ZK
Telangana Hyderabad No. 201A , 2nd Floor , Shangrila Plaza, Road No.2, Banjara Hills,Nr Jublie Check Post Hyderabad – 500033. 36AAECC7904J1ZJ
West Bengal Kolkata Unit 317 & 318, 3rd Floor, Krishna Building, 224A, Acharya Jagdish Chandra Bose Road,Opp to La Martiniere Girls School. Kolkata – 700017. 19AAECC7904J1ZF
Rajasthan Jaipur Office No. 111, 1st Floor, Trimurty’s V-Jai City Point, Plot No. D-52, Ahimsa Circle, C-Scheme, Jaipur-302001 (Rajasthan) 08AAECC7904J1ZI
Uttar Pradesh Lucknow 19 - A, Punjab National Bank Building, Vidhan Sabha Marg, Behind – Akashvani, Hazrat Gunj, Lucknow – 226001 09AAECC7904J1ZG
Noida Office no 316, 3rd Floor, Krishna Apra Plaza, P-3, Sector – 18, Landmark – Near to Metro station, Noida, UP – 201301 09AAECC7904J1ZG
Odisha Bhubaneshwar Room No. 13, 2nd floor, Deendayal Bhavan, Ashok Nagar , Unit-II, Bhubaneswar, Dist-Khurdha, (Orissa) - Pin -751009 21AAECC7904J1ZU
Punjab Ludhiana SCO 146, 1st Floor, Feroz Gandhi Market, Opp. Ludhiana Stock Exchange, Ludhiana – 141001 03AAECC7904J1ZS
Haryana Gurgaon NM-28, 2nd Floor, Old DLF, Sector -14, Gurgaon, Haryana-122001 06AAECC7904J1ZM