GST Act s 78-45(1)

GST and payment made in settlement of a general insurance claim when the insured does not inform the insurer of its input tax credit entitlement on the premiums

GST and payment made in settlement of a general insurance claim when the insured understates the extent to which it is entitled to an input tax credit on the insurance premium

GST and payment made in settlement of a general insurance claim when the insured informs the insurer of its input tax credit entitlement on the premiums