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Product Liability Insurance Service Tax

This query is : Resolved 

18 August 2009 We are paying insurance premium of Product Liability insurance to Tata AIG general insurance Co. Ltd.for overseas shipments.

Kindly let us know whether we can take refund of service tax paid on insurance premium paid for Product liability insurance.

I want to know because in circular says general insurance servcies and no specific mention of Product Liabity Insurance.

19 August 2009 Since it is a valid business expenditure the same should be eligible.


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