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Exemption from liability of Service tax on commission received against doing government business by the commercial bank, Service Tax

Issue Id: - 119987
Dated: 9-5-2025
By:- Sudhir Kumar

Exemption from liability of Service tax on commission received against doing government business by the commercial bank


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Whether the commission received by the commercial banks from RBI in lieu of government business transaction is taxable or it is exempted under notification no. 22/200-ST. Please give opinion.

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