Recovery of any sums - Taxable Services - As appliable on or before 30-6-2012 - Service Tax

Recovery Agent (w.e.f. 1-5-2006 ) What is taxable - 65(105)(zzzl) Any service provided to be provided to a banking company or a financial institution including a non-banking financial company or any other body corporate or a firm, by any person, in relation to recovery of any sums due to such banking company or financial institution, including a non-banking financial company, or any other body corporate or a firm, in any manner; Who is the receiver of service Banking company or a financial institutions or NBFC or any other body corporate or a firm Who is the provider of service Any person Who is liable to pay service tax Any person who is providing service Comments: A. As per Paragraph No 6. of Circular No. 96/7/2007 dated 23/8/2007 states that :- "6. This circular supersedes all circulars, clarifications and communications, other than Orders issued under section 37B of the Central Excise Act, 1944 (as made applicable to service tax by section 83 of the Finance Act, 1994), issued from time to time by the CBEC, DG (Service Tax) and various field formations on all technical issues including the scope and classification of taxable services, valuation of taxable services, export of services, services received from outside India, scope of exemptions and all other matters on levy of service tax. With the issue of this circular, all earlier clarifications issued on technical issues relating to service tax stand withdrawn."