Service Tax leviable under ‘Investment or Management Service under ULIP’ on Policy Administration Charges, Front End Load and Switching Charges: CESTAT [Read Order]

By Taxscan Team - On October 28, 2022 4:41 pm - 2 mins read

Service - Tax - leviable - Investment - Management - Service - ULIP - Administration - Charges - CESTAT - TAXSCAN

In the case of M/s. Max Life Insurance Company India Ltd., the Delhi Customs, Excise & Service Tax Appellate Tribunal (CESTAT) has held that Service tax was leviable under “Investment or Management Service under ULIP” on Policy Administration Charges, Front End Load and Switching Charges. The appellant is an insurance service provider and the other…

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