Insurance premium paid
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
08 September 2011
We have taken insurance coverage from foreign insurance company and payment is to be made to insurance broker (who is also based outside india) for premium amount. will service tax ( On reverse charge mechanism) and tds applicable on this ?
10 September 2011
insurance broker in india is liable to get registered and charge service tax.
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