Case of Oriental Insurance Company Limited vs Addl. Commissioner CGST, HC Delhi, Judgement Dated 26th September 2025. CBIC Circular No. 228/2024-GST, had clarified that GST on reinsurance (including retrocession) of specified general and life insurance schemes for the period 1st July 2017, to 26th July 2018 stands regularized on an “as is where is” basis, effectively granting relief for that period. The Revenue contended that since the adjudication and appellate orders were passed before issuance of the Circular, the assessee could not claim the benefit retrospectively. HC held that the benefit of the circular extends to the assessee, rejecting the Revenue’s stance.