https://www.taxtmi.com/news?id=3020 Public sector general insurance companies do not levy service tax on cashless hospitalization claims. Hospitals had charged service tax on such cashless hospitalization under the Finance Act, 2010, and insurers reimbursed those amounts for admitted claims subject to the sum insured limit. The service tax on cashless payments was withdrawn by Government Notification No.30/2011, effective from 1 May 2011, eliminating the tax on cashless hospitalization transactions. en-us Mon, 26 Mar 2012 18:50:48 +0530 Mon, 26 Mar 2012 18:50:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=3020 Public sector general insurance companies do not levy service tax on cashless hospitalization claims. Hospitals had charged service tax on such cashless hospitalization under the Finance Act, 2010, and insurers reimbursed those amounts for admitted claims subject to the sum insured limit. The service tax on cashless payments was withdrawn by Government Notification No.30/2011, effective from 1 May 2011, eliminating the tax on cashless hospitalization transactions. News - Mon, 26 Mar 2012 18:50:48 +0530 https://www.taxtmi.com/news?id=3020