as per the new notifications insurance agent doesnot have to pay service tax received on brokering . It will be directly paid by the company, so how will the agent utilise the cenvat earned from other activities?
Saurabh Malpani (CA Final) (514 Points)
10 August 2012as per the new notifications insurance agent doesnot have to pay service tax received on brokering . It will be directly paid by the company, so how will the agent utilise the cenvat earned from other activities?
CA Unnikrishnan Nair N
(Chartered Accountant)
(2083 Points)
Replied 10 August 2012
Will be refunded.
Saurabh Malpani
(CA Final)
(514 Points)
Replied 10 August 2012
sir after what period it will be refunded?