Referral Charges Received By Auto Dealers For Bank & Insurance Promotion Subject To Service Tax : Supreme Court

  • Referral Charges Received By Auto Dealers For Bank & Insurance Promotion Subject To Service Tax : Supreme Court

    The Supreme Court on Wednesday (August 19) held that the referral charges received by automobile dealers from banks and insurance companies for facilitating vehicle loans and insurance policies are taxable as “Business Auxiliary Service” under the Finance Act, 1994. ...

    The Supreme Court on Wednesday (August 19) held that the referral charges received by automobile dealers from banks and insurance companies for facilitating vehicle loans and insurance policies are taxable as “Business Auxiliary Service” under the Finance Act, 1994.  

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