Andhra Pradesh

StateCommission

FA/441/2012

D. KRISHNA MURTHY RAJU, S/O D. VENKATARAJU, - Complainant(s)

Versus

THE BRANCH MANAGER, MAX NEWYORK LIFE INSURANCE CO. LTD., - Opp.Party(s)

D. KRISHNA MURTHY RAJU

30 Jan 2013

ORDER

 
First Appeal No. FA/441/2012
(Arisen out of Order Dated 22/06/2012 in Case No. CC/933/2011 of District Hyderabad-I)
 
1. D. KRISHNA MURTHY RAJU, S/O D. VENKATARAJU,
R/O 8-3-167/30, FLAT NO. 201, ERRAGADDA, HYDERABAD.
...........Appellant(s)
Versus
1. THE BRANCH MANAGER, MAX NEWYORK LIFE INSURANCE CO. LTD.,
ASTRAL HEIGHTS, ROAD NO.1, BANJARA HILLS, HYDERABAD.
...........Respondent(s)
 
BEFORE: 
 HONABLE MRS. M.SHREESHA PRESIDING MEMBER
 HONABLE MR. S. BHUJANGA RAO MEMBER
 
PRESENT:
 
ORDER

BEFORE THE A.P.STATE CONSUMER DISPUTES REDRESSAL COMMISSION :HYDERABAD.

 

F.A.No. 441/2012 against Hyderabad.

 

Between:

 

DanduKrishnaS/o.D.Venkataraju,

R/o.H.No.8-3-167/30 Flat No.201,

Erragadda,Hyderabad-                                                                      The Branch Manager of Max Newyork

 Life Insurance Company Ltd.,

701, Astral Heights, Road No.1,

Banjara Hills,Hyderabad.

                                                                

 

Counsel for the Appellant                Party in person

 

Counsel for the Respondent    

 

 

                                        

       

        

TWO THOUSAND THIRTEEN.

 

Oral Order 

                                

       Hyderabad  and the respondent is the opposite party in C.C.No.933/2011 filed by the appellant/complainant seeking direction to the opposite party

1.     to refund the service tax collected on the whole life, three policies and order not to collect future  

2.     to pay Rs.1,50,234/-  

3.     to pay Rs.50,000/- towards compensation for deficiency in service, unfair trade practice and mental agony,

4.     to pay Rs.5000/- towards costs of the complaint.

For the sake of convenience, the parties are described as 

 

       

The complainant obtained three whole life policies from the opposite party life insurance company as below:

                 

                      

 The policies were in force before June, 2009.   

 

The further case of the complainant is that    with policy no.412480113 on 27.1.2005.     

 

        while denying the forcible collection of service tax.          and service tax is charged as per the 

 

With regard to the foreclosure of the life maker unit linked investment plan, the opposite              

       

During the course of enquiry , in order to prove     

       

Upon hearing the counsel for both the parties and on consideration of the material on record, the District Forum came to the conclusion that the opposite party is having the right to collect the alleged tax from the policy           

       

Aggrieved by the said order, the complainant preferred the above appeal contending that the District Forum-I, Hyderabad passed the order against the complainant               Hyderabad  

 

          

 

           

             dt.22.3.2010                     

 

                     

       

In view of the above       

       

The contention of the complainant is that as shown in Exs.A1 to A3, from 2009 onwards only, the service tax of premia at 1.03 % to be collected with              

 

Further, the contention of the complainant is that there is no clause in the insurance contract         

 

The complainant filed Exs.A7 and A8 to show that LIC of India and Sriram Life Insurance are not collecting the service tax as these policies are existing before 2009 and are following the law as per the Internet Citation Notification          

 

       

 

       

       

                                                                       

MEMBER Pm*                                                             

 

 

 
 
[HONABLE MRS. M.SHREESHA]
PRESIDING MEMBER
 
[HONABLE MR. S. BHUJANGA RAO]
MEMBER

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