Service tax on re-insurance commission - regarding

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.... Tax, Mumbai Director General of Central Excise Intelligence, Delhi Chief Commissioner of Central Excise (All) Chief Commissioner of Customs and Central Excise (All) Commissioner of Service Tax (All) Madam/Sir, Subject: Service tax on re-insurance commission - regarding In terms of Section 101A (Part IV-A) of the Insurance Act, 1938, every insurer dealing in insurance business is requir....

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....he Finance Act, 1994, insurance as well as reinsurance are subject to service tax. The Board has received representations that notices have been issued demanding service tax on the amounts deducted by the insurance company (in other words paid by the reinsurance company) on the ground that it is the consideration for the insurance company providing business auxiliary service (BAS) to the re-insuri....