Valuation - life insurance business - treatment of surrender ...

Case Laws Service Tax

July 19, 2021

Valuation - life insurance business - treatment of surrender value’ exacted, on premature exit, from holders of ‘unit linked insurance policy (ULIP)’as consideration for provision of service - whether the ‘surrender charge’ is consideration for a service that comes within the ambit of the levies pertaining to the insurance sector during the period of dispute? - Not taxable under any head - AT

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Valuation - life insurance business - treatment of surrender ...

Case Laws Service Tax

July 19, 2021

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