https://www.taxtmi.com/article/detailed?id=299 Service tax covers insurance auxiliary services by actuaries, intermediaries and agents for general and life insurance, defined by reference to insurance statutes and including risk assessment, claim settlement, survey and loss assessment. Liability ordinarily rests with the service provider though insurers may be liable for agent services; tax is charged on amounts received. Reimbursements of out of pocket expenses paid on actuals are excluded from taxable value when supported by documents. Relevant accounting codes and tribunal/Board clarifications addressing reimbursements and export treatment are noted. en-us Mon, 02 Mar 2009 00:00:00 +0530 Mon, 02 Mar 2009 10:40:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=299 Service tax covers insurance auxiliary services by actuaries, intermediaries and agents for general and life insurance, defined by reference to insurance statutes and including risk assessment, claim settlement, survey and loss assessment. Liability ordinarily rests with the service provider though insurers may be liable for agent services; tax is charged on amounts received. Reimbursements of out of pocket expenses paid on actuals are excluded from taxable value when supported by documents. Relevant accounting codes and tribunal/Board clarifications addressing reimbursements and export treatment are noted. Articles Service Tax Mon, 02 Mar 2009 00:00:00 +0530 https://www.taxtmi.com/article/detailed?id=299