Insurance premium paid

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Querist : Anonymous

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Querist : Anonymous (Querist)
08 September 2011 We have taken insurance coverage from foreign insurance company and payment is to be made to insurance broker (who is also based outside india) for premium amount. will service tax ( On reverse charge mechanism) and tds applicable on this ?

10 September 2011 insurance broker in india is liable to get registered and charge service tax.



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