Input credit of service tax paid for life insurance

This query is : Resolved

ANUPAMA GOGNA (Querist)
Follow

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.

Rupesh Jain

Rupesh Jain (Expert)
Follow

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.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Dhananjay Singh

Hmr Babu

Mikilesh Shah

CA Jyoti Singh

Phani

Subscribe Now

Input credit of service tax paid for life insurance

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

CA Final

Manager- Finance and Compliance

GST CONSULTANCY

Accountant

GST CONSULTANT

Article Assistant