https://www.taxtmi.com/caselaws?id=222074 The court held that the life insurance coverage provided by the petitioner to state government employees is not a taxable service as it is a statutory obligation exempt under the LIC Act. However, general insurance coverage for institutions with government financial interest may be taxable unless exempted. The court directed the central government to decide on the petitioner's exemption application within three months, staying further proceedings related to the contested notices and orders until a decision is made. en-us Mon, 21 May 2012 00:00:00 +0530 Wed, 13 Aug 2014 12:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=222074 The court held that the life insurance coverage provided by the petitioner to state government employees is not a taxable service as it is a statutory obligation exempt under the LIC Act. However, general insurance coverage for institutions with government financial interest may be taxable unless exempted. The court directed the central government to decide on the petitioner's exemption application within three months, staying further proceedings related to the contested notices and orders until a decision is made. Case-Laws Service Tax Mon, 21 May 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=222074