Service tax on life insurance agent (individual)
This query is : Resolved
06 October 2012
I AM WORKING AS AN LIFE INSURANCE AGENT WITH " BIRLA SUN LIFE INSURANC CO. LTD ",BUT MY COMPANY IS DEDUCTING THE SERVICE TAX ON MY COMMISSION.
WHEN I GIVE COMPLAIN TO MY SENIOR HE TOLD TO ME THAT THESE IS RULE OF CO.
PLEASE GUIDE AND PROVIDE ME MAXIMUM MATERIAL FOR THESE ISSUE.
THANKS,
REGARDS,
S K PARMAR
WHEN I GIVE COMPLAIN TO MY SENIOR HE TOLD TO ME THAT THESE IS RULE OF CO.
PLEASE GUIDE AND PROVIDE ME MAXIMUM MATERIAL FOR THESE ISSUE.
THANKS,
REGARDS,
S K PARMAR
07 October 2012
Your senior is correct. It is a law. No issue can be raised here in my opinion.
07 October 2012
Dear Parmar,
your company should pay the service tax on commission received in regards to insurance agents under the notification No. 30/2012-ST.
your company should pay the service tax on commission received in regards to insurance agents under the notification No. 30/2012-ST.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Applicability
- Is Aadhar PAN linking required for opening bank account?
- Where to show the RCM on Rent paid to unregistered landlord
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- Application of 115BAC
- RCM - commercial rent paid to URP under GST
- Offsetting interest income against derivative trading losses
- TDS NUMBER SURRENDER
- GSTR-3B - Do I file nil when there is no sale but I've bought raw materials
- Legal heir raised refund , but refund issued to the closed account of deceased.
- Whether still royalty
- 20% OF DEMAND PAYMENT IN APPEAL
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding Resignation by Auditor from Pvt. Ltd.
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
