TMI BlogBanking and other Financial Services - reverse charge mechanism - The foreign banks while remitting the...Banking and other Financial Services - reverse charge mechanism - The foreign banks while remitting the money to the Indian Bank, deduct their charges for collection of bills which in turn are charged by the Indian Banks from the appellants. When it is so, then the appellant are not entitled to pay the service tax. - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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