Public Sector General Insurance Companies do not charge Service Tax on Cashless Hospitalization claims. However, hospitals were charging Service Tax on Cashless Hospitalization from 01.07.2010 to 30.04.2011 as per the provisions of the Finance Act, 2010. The amount so charged by the hospitals was also paid by the Insurance Companies, if the claims were admitted subject to the limit of Sum Insured. However, the Service tax on cashless payments was withdrawn vide Government of India Notification No.30/2011 effective from 01.05.2011.
Public sector general insurance companies not to charge service tax on cashless hospitalization claims
Last updated: 27 March 2012
Comments
Recent News :
- Form 146 Mandatory? New CA Certificate Rules for Foreign Remittances in 2026
- Form 163 Under IT Act, 2025: Indirect Transfer Reporting Made Simple
- Form 116 for ITAT Cross Objections: Income Tax Dept Clarifies Filing Process & Timeline
- Finance Ministry Issues New Indian Economic Service Rules 2026
- ICAI Releases Updated Income Tax Act 2025 Edition with Section-Wise Mapping to 1961 Law
- MCA Invites Feedback on New Incorporation Rules 2026 to Boost Ease of Doing Business
- Income Tax Portal Enables Offline Utility for Forms 145 & 146
- CBDT Issues Corrigendum to Income Tax Rules 2026: 76 Errors Rectified
- CBIC Appoints Common Adjudicating Authority for Control Components India Case Under Customs Act
- Big GST Relief: GSTN Enables Interest Re-Calculation under Table 5.1 of GSTR-3B
Popular News
- Income Tax Department Clarifies Form 157 FAQs: Key Rules for Individuals Before Leaving India
- IT Act 2025: Form 32 Filing Mandatory Before Audit Due Date for Key Deductions
- CBDT Issues Corrigendum to ITR Forms 2026
- New TAN Forms 134 and 135 Bring Mandatory PAN, AIN, CIN Requirements for All Deductors
- Big GST Relief: GSTN Enables Interest Re-Calculation under Table 5.1 of GSTR-3B
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
