With reference to letter No29-09/2013-LI/Service Tax dated 27-05-2015 Service Tax has to be charged on premia collected for PLI / RPLI policies is revised from 01-06-2015.
The following table is showing the collection of Service Tax according to the amount as premium is ranged for ready reference.
Sincerely thanking the Postmaster for his valuable contribution in this regard as it is very much useful to the GDS BPMs.