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