Bank Liable for Service Tax on RBI Savings Bond Services, Including Commissions and Charges, as Business Auxiliary Service.

Classification - sale of savings bonds issued by RBI - assessee bank rendered custodial service by maintaining the Bond Ledger Account and services incidental thereto - appellant is liable to service tax for the consideration received from the Reserve Bank of India as handling commission, turnover commission and service charge in the category of Business Auxiliary service - AT .....

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