Insurance agent commission
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
25 January 2016
An insurance agent gets Commission from insurance Company. He receives commission after deducting Service Tax. Can he get refund of his Service tax paid or get any exemption???
CA R SEETHARAMAN
(Expert)
26 January 2016
The liability of service tax under RCM is the responsibility of insurance company. Insurance company should not deduct service tax from the commission amount. Take up the issue with insurance company.
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