SERVICE TAX. The service Tax and education cess will be levied on the yearly premium as stated on the schedule. The level of this charge will be as per the rate of Service Tax and education cess declared by the Government from time to time. The service tax levy is required to be borne by the policyholder.
Appears in 3 contracts
Samples: Health Insurance Reimbursement Plan, Health Insurance Reimbursement Plan, Health Insurance Reimbursement Plan