TMI Blog2015 (8) TMI 1135X X X X Extracts X X X X X X X X Extracts X X X X ..... ,765/- is assessed is misconceived as purchase of foreign currency is neither a service nor a taxable service defined anywhere, in the provisions of the Act. Demand of ₹ 25,442/- is attributed as the tax liability on reverse charge mechanism for remittances made for training of petitioner's employees at foreign locations. It is not clear how services provided and consumed outside the Indian ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... m, President Mr. P.R. Chandrasekharan,JJ. Shri Harish Bindumadhavan, Advocate for the appellant Shri Uma Shankar Goud, DC (AR) for the respondent Per Justice G. Raghuram : Ld. Commissioner of Customs, Central Excise, and Service Tax, Hyderabad IV confirmed a total service tax liability of ₹ 19,34,99,667/- apart from interest and penalty as specified, for the petitioner b ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nd in our prima facie view rightly, that payments made to local vendors for purchase of foreign currency to facilitate foreign stay of petitioners employees abroad, on which the tax demand of ₹ 8,765/- is assessed is misconceived as purchase of foreign currency is neither a service nor a taxable service defined anywhere, in the provisions of the Act. Demand of ₹ 25,442/- is attributed ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nical services the assessees had paid the service tax on remittances of a value of ₹ 13.88 crores; that the data furnished along with the documents were sent for verification to the field officers and on verification since the assessee produced some of the original challans only to the extent of ₹ 1,18,75,607/-, the balance due is ₹ 41,21,153/-. Since we find that demand to the ..... X X X X Extracts X X X X X X X X Extracts X X X X
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