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HOME Service Tax Department Has No Record Of Insurance Companies - RTI Reply  
  ICICI Prudential, LIC, SBI Life , HDFC Life and Birla Sunlife Details Demanded ; More than Rs5k Service tax Evasion Per Year......  
  India RTI News Mumbai Reporter : Anju Ram 22 Nov 2013  
 

service tax rti insurance companies

More than 125 Letters received from service tax offices all over India

 
   
   
   
   
   
   
   
   
   
   
 

A RTI application was filed to know the service tax details of top 5 insurance companies . The question was asked that how much service tax has been paid by  life Insurance companies  since 2006 -2013 year wise on each type of services . RTI was filed at Service tax office , Parel Mumbai to Mr SR Bhatti PIO.
The CPIO has forwarded the application to all service tax offices of India under section 6(3) of RTI act to provide information to RTI activist Sapan Shrivastava. Right step should be followed by CPIO that he should get the service tax number of the companies and download the details from server.  In last 2 months the RTI activist received more than 125 registered letters from all over India that this information is not available in this office from all states .  All these letters  was received by registered/speed post  with Rs 40 stamp. It means more than Rs5000 was spent in postage stamp but labor cost cannot be calculated . All the Service tax office don’t have records of Insurance companies. Every years Rs20000 commission is paid to agents and Rs2000cr service tax has to paid. More than Rs 3 Lac Cr Premium is paid by customers and service tax also to be paid on  premium amount. It means huge amount of service tax evasion may be done by Insurance companies because record is not available at Service Tax office . They cannot say directly that no service tax is received ,they said that record is not available in this office.  Only LIC of India provided incomplete details.  Appeal has to be filed to know the record of service tax of top insurers. Earlier Sapan Shrivastava filed RTI at service tax for ICICI Prudential life for some law. Later service tax department issued notice to ICICI Prudential Life of Rs 130cr approx. Service tax enquiry is also started for many life insurance companies after these RTI.

 
     
     
     
     
     
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