Partial reverse charge

This query is : Resolved 

19 June 2014 Can anyone give me example for reverse charge applicable in case of insurance buisness..plz..I need example not how much who will pay and to whom

19 June 2014 for insurance business, the reverse charge is not partial but 100% borne by the insurance company.

To exemplify if you take an insurance agency with Aviva life insurance company. At the time of paying insurance commission to you, Aviva will pay whole of the service tax on its own. you wont have to pay any service tax.

20 June 2014 I am agree with Mr. Nikhil Kaushik.




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries