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Service Tax - Highlights / Catch Notes

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Levy of service tax - Investment or Management Service under ...


Revenue Can't Reverse Stance on Service Tax for ULIP Charges Due to Binding Board's Circular.

October 27, 2022

Case Laws     Service Tax     AT

Levy of service tax - Investment or Management Service under ULIP - Policy Administration Charges - Front End Load - Switching Charges - amount collected by the appellant – Revenue cannot be permitted to be taken u-turn in the light of the Board’s Circular. Further, Board circular are binding on the officers of the Revenue Department. - AT

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