Thiruvananthapuram: The gas booking method has been changed in the state from today. Changes like KYC, OTP, and GST code for policies will come into effect from 1.
KYC for policies
KYC is mandatory for insurance policies. IRDA makes KYC mandatory for all health and general insurance policies.
OTP for Gas
From November 1, customers will have to hand over the OTP while delivering LPG cylinders to their doorsteps. Users will get an OTP number while booking LPG cylinders. The OTP is issued to the customer’s authorized phone.
Code for GST
Taxpayers with turnover less than Rs 5 crore must enter HSN code in GST return. HSN code is a four-digit number.
