Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Insurance auxiliary services concerning general insurance business

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... surer, by an actuary, or intermediary or insurance intermediary or insurance agent, in relation to insurance auxiliary services concerning general insurance business; Who is the receiver of service A policy holder or insurer or any other person Who is the provider of service An actuary or intermediary or insurance intermediary or insurance agent Who is liable to pay service tax I .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... s and annuity certain business"; Meaning of Insurance Agent - 65(54) "Insurance Agent" has the meaning assigned to it in clause (10) of section 2 of the Insurance Act, 1938; As per clause (10) of section 2 of the Insurance Act, 1938; "Insurance Agent means an insurance agent licensed under section 42, who receives or agrees to receive payment by way of commission of other remuneration .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 2 of the Insurance Regulatory and Development Authority Act, 1999; "Intermediary or insurance intermediary is defined inclusively and it includes insurance brokers, reinsurance brokers, insurance consultants, surveyors and loss assessors." Meaning of Insurer - 65(58) "insurer" means any person carrying on the general insurance business or life insurance business and includes a re-insurer .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates