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Service Tax - Highlights / Catch Notes

Home Highlights August 2018 Year 2018 This

Foreign Banks Charges - liability of service tax - reverse ...


Indian Banks Liable for Service Tax on Foreign Bank Charges Under Reverse Charge; Appellant Not Responsible.

August 22, 2018

Case Laws     Service Tax     AT

Foreign Banks Charges - liability of service tax - reverse charge mechanism - Indian Banks are recipient of service, therefore, the appellant cannot be held as recipient of service provided by Foreign Banks to the Indian Banks. - the appellant is not liable to pay service tax under RCM.

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