https://www.taxtmi.com/caselaws?id=381027 The Tribunal held that the service tax initially paid by the appellants and later collected from the insurance agents should not be deposited under Section 73A(2) of the Finance Act, 1994. Additionally, the expenses incurred in pre-recruitment and post-license training of insurance agents by the appellants cannot form part of the gross taxable value of the commission paid to the insurance agents. The impugned orders were set aside, the appeals filed by the assessees were allowed, and penalties imposed on certain demands were also set aside. The Revenue's appeal was rejected. en-us Fri, 31 May 2019 00:00:00 +0530 Wed, 22 Jan 2020 15:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=381027 The Tribunal held that the service tax initially paid by the appellants and later collected from the insurance agents should not be deposited under Section 73A(2) of the Finance Act, 1994. Additionally, the expenses incurred in pre-recruitment and post-license training of insurance agents by the appellants cannot form part of the gross taxable value of the commission paid to the insurance agents. The impugned orders were set aside, the appeals filed by the assessees were allowed, and penalties imposed on certain demands were also set aside. The Revenue's appeal was rejected. Case-Laws Service Tax Fri, 31 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=381027