Service rendered by ‘lead generator’ is not that of an ‘insurance agent

Commissioner of Service Tax Vs M/s Reliance Life Insurance Co. Ltd (CESTAT Mumbai) CESTAT held that service rendered by ‘lead generator’ is not that of an ‘insurance agent’ and, consequently, the commission paid by respondent to such entities are not liable to be included in the assessable value of the respondent for discharge of tax liability under Finance Act, 1994. FULL TEXT OF THE CESTAT JUDGMENT The instant appeal has been filed by Revenue challenging order-in-original no. 01/ST-VI/RS/2014 dated 30.10.2014 passed by Commissioner, Service Tax, Mumbai-VI for dropping the proceedings...