Levy of service tax on surrender charges against ULIP - The ...

Case Laws Service Tax

April 27, 2018

Levy of service tax on surrender charges against ULIP - The surrender charges are not part of taxable service of management of funds. Rather it is in the nature of penalty or liquidated damages which is not a service and hence cannot be made liable for tax during the period involved - AT

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Levy of service tax on surrender charges against ULIP - The ...

Case Laws Service Tax

April 27, 2018

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