22 February 2011
Company 'A' give on monthly rent a building to IRDA (Insurance Regulation & Development Authority of India ).
Is there is any exemption for not charging the Service Tax from IRDA under any notification or company A should charge Service Tax from IRDA in the Rent bill raised to IRDA.
22 February 2011
There is no exemption notification for IRDA. However whether the levy is valid or not is before the apex court. Payment if made should be under protest.