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.
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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