Service tax on lic

This query is : Resolved 

28 September 2013 Service Tax is applicable on LIC from 1st Oct., 2013. But why the rate os Service tax is 3.09% and not 12.36%?

29 September 2013 It is in pursuance to the rule 7A of the Service Tax rules

30 September 2013 Thank you sir

30 September 2013 for clarification and Premier professional service pl contact group.blr@gmail.com


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