TaxTMI 
TaxTMI 
Insurance Co. has appointed XYZ (P) Ltd. as insurance surveyor & loss assessor. XYZ (P) Ltd has further subcontracted the said work to Mr A who does the survey work / loss assessing for which he is paid by XYZ (P) Ltd. Mr A presently has no set up of business & does the work in Individual capacity. He wants to get Service Tax Registration. Kindly share your valuable views on this aspect, with Service Code, Exemptions etc, as applicable.
Insurance Survey Service
09 Sep 2016 
3 Replies 
1264 Views Asked by
Service tax registration required for subcontracted insurance surveyors once turnover threshold is exceeded; tax payable upon statutory chargeability threshold.
Subcontracted insurance survey and loss assessment services provided by an individual are taxable; the individual subcontractor must obtain a service tax registration certificate once his turnover crosses the statutory registration threshold, while actual service tax liability arises at the statutory chargeability threshold. There is no exemption for such services and compliance with the relevant service tax notifications is required. (AI Summary)
Subcontracted insurance survey and loss assessment services provided by an individual are taxable; the individual subcontractor must obtain a service tax registration certificate once his turnover crosses the statutory registration threshold, while actual service tax liability arises at the statutory chargeability threshold. There is no exemption for such services and compliance with the relevant service tax notifications is required. (AI Summary)