TMI BlogRCM - payment of guarantee fee towards receipt of Bank Guarantees - These are not the guarantees...RCM - payment of guarantee fee towards receipt of Bank Guarantees - These are not the guarantees provided by a corporation for it’s subsidiaries but are pure bank guarantees provided through banks by the service providers - the appellant received banking and financial services from abroad and is liable to discharge service tax under reverse charge mechanism. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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