2018 (12) TMI 342

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....one For the Appellant Shri. Madhup Sharan, Assistant Commissioner (AR) For the Respondent ORDER Per: S.S GARG The present appeal is directed against the impugned order dated 30.11.2017 passed by the Commissioner whereby the Commissioner has confirmed the demand of Rs. 27,842/- (Rupees Twenty Seven Thousand Eight Hundred and Forty Two only) being the service tax payable by the appellant....

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....ch 2015, they have reduced the taxable income by Rs. 2,29,544/- (Rupees Two Lakhs Twenty Nine Thousand Five Hundred and Forty Four only) and remitted service tax for the period. The reason for such deduction was that they had received Rs. 6,50,000/- (Rupees Six Lakhs Fifty Thousand only) as advance insurance commission during 2013-14 on which they had paid service tax immediately and utilized Rs. ....

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....d only) on 31.03.2014 from ICICI Lombard General Insurance Company through IDBI Bank and service tax @12.36% was collected and remitted on 23.04.2014 and the said advance insurance commission was recognized as income in the Profit and Loss Account in the subsequent years. The Chartered Accountant has further certified that the company was not liable to pay service tax on the income since service t....