2011 (3) TMI 609

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.... Appellant. Shri T.H. Rao, SDR, for the Respondent. [Order per : Jyoti Balasundaram, Vice-President]. -  Heard both sides on the application for waiver of pre-deposit of service tax of Rs. 33,50,320/- for having provided service under the category of "Insurance Auxiliary Service" as per Section 65(55) of the Finance Act, 1994, and received incentives from insurance companies for prov....

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....under the Insurance Auxiliary Services, which covers the services provided by an Intermediary or Insurance Intermediary, or an Insurance Agent, or life insurance business, or general insurance business, risk assessment, claim settlement, survey and loss assessment. The submission of the assessees that they cannot be treated as intermediary or insurance intermediary for the reason that the definiti....