Principles of interpretation of specified descriptions of services or bundled services (w.e.f. 1-7-2012)

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..... nce to a service which is used for providing main service. 2[Illustration - The services by the Reserve Bank of India, being the main service within the meaning of clause (b) of section 66D, does not include any agency service provided or agreed to be provided by any bank to the Reserve Bank of India. Such agency service, being input service, used by the Reserve Bank of India for providing the m .....

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..... ich gives such bundle its essential character; (b) if various elements of such service are not naturally bundled in the ordinary course of business, it shall be treated as provision of the single service which results in highest liability of service tax. Explanation.- For the purposes of sub-section (3), the expression "bundled service" means a bundle of provision of various services .....

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