https://www.taxtmi.com/caselaws?id=255305 Training for candidates seeking insurance-agent licences was treated as part of a legally regulated licensing process rather than ordinary commercial coaching. The statutory scheme under the Insurance Regulatory and Development Authority Act, 1999, the Insurance Act, 1938, and the Insurance Regulatory and Development Authority (Licensing of Insurance Agents) Regulations, 2000 required approved practical training and a prescribed examination, and the completion certificate issued by the institute had recognition in law. On that basis, the exclusion for institutions issuing a certificate or other educational qualification recognised by law applied, and the training was not taxable as commercial training or coaching service under section 65(27) of the Finance Act, 1994. en-us Thu, 18 Dec 2014 00:00:00 +0530 Fri, 24 Feb 2017 15:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=255305 Training for candidates seeking insurance-agent licences was treated as part of a legally regulated licensing process rather than ordinary commercial coaching. The statutory scheme under the Insurance Regulatory and Development Authority Act, 1999, the Insurance Act, 1938, and the Insurance Regulatory and Development Authority (Licensing of Insurance Agents) Regulations, 2000 required approved practical training and a prescribed examination, and the completion certificate issued by the institute had recognition in law. On that basis, the exclusion for institutions issuing a certificate or other educational qualification recognised by law applied, and the training was not taxable as commercial training or coaching service under section 65(27) of the Finance Act, 1994. Case-Laws Service Tax Thu, 18 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=255305