Input credit of service tax paid for life insurance
This query is : Resolved
07 October 2014
We are working as an Air Travel Agent and providing insurance services to our clients for travel purpose. We are billing exact amount to the client as received from insurance company.Kindly tell me whether we can claim the benefit of cenvat credit of service tax paid to insurance company. We are not charging any mark up on insurance while billing to the client.
07 October 2014
no you cannot take the credit for the same if your take credit and you have to deposit the same . what benefit you want to take from that. you are travel agent and you cannot take the insurance service tax cenvat.
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