Service tax
avneesh
(Querist) 11 April 2014
This query is : Resolved
mr. x providing motor vehicles insurance service to customer because he is authorized agent of "ICICI LAMBORED INSURANCE COMPANY" and mr. x receiving commission frome said insurance company. Question:- the service provided by mr. x to said company under commission agent will be covered branded service or normal service avneesh.bibhu@gmail.com
RAJESH SHARMA
(Expert) 11 April 2014
It will be Insurance auxiliary service and tax will be born by Company. As per notification No 30/2012 Dt 20/06/2012 as said service is covered under Reverse mechanism.