Dear Venkat,
If the employee is having only the amount to the extent of Premium, in that case how will we recover the service tax (i.e, example: if the Premium amount is Rs:500 & service tax to be deducted is Rs:50 and totally for this policy in this month to be deducted is Rs:550/- and employee is having only Rs:500 and how will we go ahead)
Regards,
Antony