TMI Blog2014 (8) TMI 585X X X X Extracts X X X X X X X X Extracts X X X X ..... st such LC. It is his submission that the appellant is not receiving any services from foreign banks for the collection against the LCs. We find that the amount charged by foreign bank, prima facie cannot be considered as service received by the appellant. We are of the view that the appellant made a strong case for the waiver of pre-deposit of the amounts involved. Accordingly, application for th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... x liability on the amounts which were charged by the foreign bank towards service charges. 3. Heard both sides and perused the records. 4. We find that the issue involved in this case is regarding the service tax liability on the appellant on an amount which was deducted by a foreign bank while remitting the payment to the beneficiary i.e. the appellant herein. The ld. counsel submits that t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rein produces the LC to the Indian Bank, makes the payment against such LC. It is his submission that the appellant is not receiving any services from foreign banks for the collection against the LCs. We find that the amount charged by foreign bank, prima facie cannot be considered as service received by the appellant. We are of the view that the appellant made a strong case for the waiver of pre- ..... X X X X Extracts X X X X X X X X Extracts X X X X
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