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Premium Receipts - LifeInsurance
Premium Receipts - LifeInsurance
Premium Receipts - LifeInsurance
Plan Name: Max Life Smart Term Plan Policy Commencement Date: 20-OCT-2020
Life Insured: Mr. Deepak Kumar Policy Term: 50 Years Premium Payment Term: 27 Years
Premium Payment Frequency: Semi-Annual Date of Maturity: 20-OCT-2070 Modal Premium (incl. GST): ` 10,359.71
Late Payment Fee (incl GST): ` 0.00 Premium Received (incl. GST): ` 10,055.49
GST Details Connect for more details
Coverage Taxable SGST/UTGST CGST IGST Name
Type Value (`) Rate Amount (`) Rate Amount (`) Rate Amount (`) Ms. Kumari Raushan
Base 2,406.28 NA 0.00 NA 0.00 18% 433.13
Rider 0.00 NA 0.00 NA 0.00 18% 0.00
Contact Number
Late Payment 0.00 NA 0.00 NA 0.00 18% 0.00
7292097025
Total GST Value: ` 433.13
GSTIN: 07AACCM3201E1Z5 GST Regd. State: Delhi SAC CODE: 997132
Mudrank: Paid by e-Stamps Certificate no. 548/Issue Date: 04/02/2021/ Vide Treasury (E-CHALLAN) GRN NO.7246968
20-APR-2021 to
` 50,00,000.00 ` 10,055.49 19-OCT-2021 20-OCT-2021
*Important Note:
1.For payment mode other than in cash, this receipt is conditional upon the credit in our account. Payment of premium amount does not constitute commencement of risk. The risk commencement starts
after acceptance of risk by us.
2.Amount received would be adjusted against the due premium as per terms and conditions of the policy.
3.Premiums may be eligible for tax benefits under section 80C/80CCC/80D/37(1) of the income Tax Act 1961. Kindly consult your tax advisor for more information. Tax benefits are liable to change due
to changes in legislation or government notification.
4.GST shall comprise CGST, SGST / UTGST or IGST (whichever is applicable) including cesses and levies, if any. All applicable taxes, cesses and levies, as per prevailing laws, shall be borne by you. For GST
purposes, this premium receipt is Tax invoice. Assessable Value in GST for Endowment First Year is 25%, Renewal Year is 12.5%, Single Premium Annuity is 10%, Term and Health is 100%.
Authorised Signatory
PRM21V5.8 09032021 PRODUCT UIN: 104N113V03
E.&O.E 2021-04-20.03.35.14.280981