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Composite Rate of Tax - Life Insurance Business

Composite Rate of Tax - Life Insurance Business - Service Tax - Abatement, Composite Rate of Tax, and Valuation Scheme for specified services - 102 - Composite Rate of Tax - Services by an Insurer Carrying on Life Insurance Business Rule 6(7A) of Service Tax Rules, 1994 An insurer carrying on life insurance business shall have three option to pay service tax on services provided by him under section 66B and rule 6(7A) OPTION A : Rate of tax as per section 66B, shall be @ 14% on the: [rule 6(7A)( .....

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