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Service Tax - Highlights / Catch Notes

Home Highlights January 2019 Year 2019 This

Reverse charge mechanism - import of services - the exchange ...


Tax Demand Dismissed: Exchange Rate for Remitting Payment to Overseas Entity Upheld in Reverse Charge Mechanism Case.

January 23, 2019

Case Laws     Service Tax     AT

Reverse charge mechanism - import of services - the exchange rate at which the payment was remitted to the overseas entity alone could be applied. The demand of tax on the differential rate of exchange does not sustain and is set aside.

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