2015 (1) TMI 729

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..... rer. As the issue before us is that at what point of time the service has been provided to the insurer by the applicant and at what time service tax is payable, is to be decided on merits. After hearing both sides in detail. We are of the view that prima facieapplicant has made out a case for waiver of pre-deposit of interest and penalty. Accordingly, we waive the requirement of pre-deposit of ent .....

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..... after completing the inquiry, if proposal is accepted, they underwrite the insurance agreement and pay the service tax at the stage on the insurance service provided to the insurer and if proposal is rejected the amount received at the time of proposal is returned to the applicant in full. The only dispute in the matter is that as the appellant received the proposal for insurance and till they un .....

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..... ntended by the Ld. A.R. that service tax is payable when they received service tax from the insurer. As the issue before us is that at what point of time the service has been provided to the insurer by the applicant and at what time service tax is payable, is to be decided on merits. After hearing both sides in detail. We are of the view that prima facieapplicant has made out a case for waiver of .....

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