Applicability of GST on amount received by a partnership firm on maturity of Keyman Insurance Policy

Prabneet Singh (8 Points)

02 September 2021  
Assessee is a partnership firm engaged in designing of clothes.
firm has paid the premium on keyman Insurance policy for past several years and claimed the expenditure of the premium in its book of accounts. now money has been received on its maturity. Will it attract GST?