Service tax on insurance premium
Querist : Anonymous
My insurance company (LIC OF INDIA) STARTED COLLECTING SERVICE TAX AMOUNT TOGETHER WITH THE NEW POLICY PREMIUM PAID BY ME. BUT IN THE STATEMENT GIVEN TO ME FOR THE FINANCIAL YEAR DOESN'T SHOWS THE SERVICE TAX PORTION. KINDLY ADVICE WHY THEY HAVE STARTED COLLECTING SERVICE TAX FROM MY SIDE(I HAVE AN ANOTHER LIC POLICY FOR WHICH THE ST. WAS NOT PAID TILL DATE). WHAT SHOULD BE THE AMOUNT PAID BY ME.
Querist : Anonymous
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