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2019 (2) TMI 14 - CESTAT CHENNAIClassification of services - credit card services or not - distinct contractual (service) relationships - Interchange Fees which accrues to the appellant as a fallout of each credit card transactions by a holder of a credit card issued by the former - taxability or otherwise - Held that:- In a very recent decision of the Tribunal in the case of ABN Amro [2018 (7) TMI 1750 - CESTAT ALLAHABAD], it has been categorically held that the amount received by the appellant does not qualify as credit card services that when acquiring bank has discharged service tax liability on the entire amount, no service tax is payable by the appellant and that the amount offered by the appellant does not qualify a credit - the very issue that is in dispute in the present appeal has been conclusive decided by the Tribunal in the final order (ABN Amro) against Revenue. The impugned order is not sustainable - appeal allowed - decided in favor of appellant.
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