The Editor TOI Request to publish in City Mailbox
This is in regards to the report from daily newsletter appeared in Times of India on 7th Aug 2017 on GST revision on SUV's , high end cars may rise from 15% to 25 % I have to state my renewal of my car insurance from M/s Bajaj Allianz Insurance Pvt Ltd is due for renewal on 13th August 2017. The GST charges has been fixed to total 18th% as per the insurance policy reminder. Now the Insurance Company has bifurcated its charges with equal amount of 50% for the State and Central. My question is who authorised this Insurance Co. to break up these charges? Is there any instruction from the Government? When the insurance Co. called me for payment I was told that the 18% GST charges is fixed for my vehicle. If the range was between to 15 to 25% what was the criteria estimating my vehicle to 18% which needed to be known earlier. We at the most may make payment for GST as per the requirement from Goverment but the bifurcation of charges for 50% to state and central cannot be accepted as we not want to be a party to it. We do not mind if there are more than one break up or bifurcations within the total GST payment but it is for the Insurance to give justification. The GST taxes has given us more headaches then relief. Stephen Dias Dona Paula Sent from my Samsung device