No service tax will be levied on the service provided by an Indian Bank or other entity acting as an agent to the Money Transfer Service Operators (MTSO) in relation to remittance of foreign currency from outside India to India from 1.7.12 to 13.10.14

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..... artment of Revenue Central Board of Excise and Customs Notification No. 19/2015-Service Tax New Delhi, the 14 th October, 2015 22 Asvina 1937 Saka G.S.R. (E).- Whereas, the Central Government is satisfied that in the period commencing on and from the 1 st day of July, 2012 and ending with the 13 th day of October, 2014 (hereinafter referred to as the said period) acco .....

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..... 94, on the service provided by an Indian Bank or other entity acting as an agent to the MTSO in relation to remittance of foreign currency from outside India to India, in the said period, but for the said practice, shall not be required to be paid. (Himani Bhayana) Under Secretary to the Government of India [F.No. 137/51/2014-Service Tax] - Notification Tax Management India - .....

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