https://www.taxtmi.com/forum/issue?id=1005 Whether insurers may deduct statutory levy from agent commission turns on allocation and collection of service tax liability. One view sees the liability with insurers but says contractual terms govern whether insurers may withhold tax. The contrary view treats agent commissions as cum service tax and allows insurers to deduct tax at source, while insurers may claim cenvat credit on input services, prompting agents to seek higher commission or protest. en-us Thu, 15 Jan 2009 15:54:55 +0530 Thu, 23 Jan 2025 15:58:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=1005 Whether insurers may deduct statutory levy from agent commission turns on allocation and collection of service tax liability. One view sees the liability with insurers but says contractual terms govern whether insurers may withhold tax. The contrary view treats agent commissions as cum service tax and allows insurers to deduct tax at source, while insurers may claim cenvat credit on input services, prompting agents to seek higher commission or protest. Discussion-Forum Service Tax Thu, 15 Jan 2009 15:54:55 +0530 https://www.taxtmi.com/forum/issue?id=1005