Pre Insurance Receipts

This query is : Resolved 

20 December 2010 Whether Pre Insurance Receipts are liable to service tax ?

20 December 2010 Service tax is Leviable on providing of taxable services while it becomes payable on Receipt basis.So In your case if receipts are followed by Service , point of payability of Service tax shall arise on receipt Itself.

Thanks & Regards
Ankit Gulgulia


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