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Question ID : 38012

Service Tax

Sir, One of my client is a agent of LIC he is receiving commission income to the tune of Rs 17-18 Lacs during the F/y 2015--16,2016-17 is he liable to pay servie tax. Please mention the supporting notification as we have to give reply to service tax Deptt

Posted by VIPIN GUPTA on Mar 01, 2019

Filed Under Service Tax

Answer ID : 76329

Insurance agent is covered under RCM. So he is not liable to pay service tax as per notification no. 30/2012-St-T and as per subsequent amendment w.e.f. 01.06.2016.

Posted by CA. chunauti dholakia on Mar 01, 2019