Service tax exemption for Insurance in rural areas

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  1. RAJAT MATHUR

    RAJAT MATHUR New Member

    Notification No. 25/2012-Service Tax exempts the following taxable services from the whole of the service tax leviable thereon under section 66B of the said Act, namely:
    29. Services by the following persons in respective capacities-
    (g) business facilitator or a business correspondent to a banking company or an insurance company, in a rural area

    If an insurance agent sells the policies in rural areas, will the same be exempted? Pls suggest
     
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