Service Tax Circular Sample Contracts

Finance & Accounts Department – Central Office, ‘Yogakshema’, Jeevan Bima Marg, P.B.No.19953, Mumbai 400 021
Service Tax Circular • January 2nd, 2014

• The service tax shall be payable by the policyholder on the premium including extra premium, if any, as per the prevailing service tax rates. The prevailing service tax rate for the F.Y. 2013-14 applicable to Modified Jeevan Aarogya plan is 12.36% (including Education Cess @2% and Higher Secondary Education Cess @1%).