TMI Blog2011 (7) TMI 812X X X X Extracts X X X X X X X X Extracts X X X X ..... ived in India and shall be subjected to Service Tax as per Section 66A of the Finance Act, 1994 - The said services were received by a recipient located in India for use in relation to business or commerce and thus satisfy criteria of Rule 3(iii) - prima facie the duty demanded from the applicant is payable. - ST/1705/2010 - ST/420/2011(PB) - Dated:- 11-7-2011 - S/Shri S.S. Kang, Mathew John, J ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... outside India on the activity has been paid in that country. Therefore it is argued that the applicant is not required to pay any Service Tax under Section 66A of the Finance Act, 1994. 3. On the other hand, the departmental representative submits that this is a service that falls under the category of banking and financial services is specified at sub-clause (zm) of Section 65(105). This servi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... recipient located in India for use in relation to business or commerce and thus satisfy criteria of Rule 3(iii). Therefore prima facie the duty demanded from the applicant is payable. Therefore the applicant is directed to pay the tax demanded within four weeks and report compliance on 26-8-2011. 5. Subject to payment of the tax demanded the balance of dues from the applicant is waived for admis ..... X X X X Extracts X X X X X X X X Extracts X X X X
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