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Service Tax - Highlights / Catch Notes

Home Highlights September 2013 Year 2013 This

Reverse Charge Mechanism - Banking and Other Financial Services ...


Reverse Charge Mechanism: Examining Overseas Services for Bond Issuance Fees and Escrow Account Operations in London.

September 16, 2013

Case Laws     Service Tax     AT

Reverse Charge Mechanism - Banking and Other Financial Services (BOFS) - fee paid for issuance of bonds outside India - import of service - They claim to have received the services outside India. Did they have any office or establishment in UK or elsewhere outside India to receive Silverdale’s services outside India? Through whom did REL maintain/operate the Escrow Account in London? - matter remanded back - AT

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