18 July 2016
w.e.f 01/04/2016 insurance agent liable to pay service tax having comm. income more than rs. 10 lacs,please guide me the procedure to take registration in this regard and discharge S.T liability.
18 July 2016
Please check again. To my understanding an Insurance Agent earning commission income is liable for TDS only only (by Insurance Company) & service tax liability is on Insurance Company only.
CAclubindia
