2018 (6) TMI 482

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..... e no office in India - invocation of provisions of Rule 2(1)(d)(iv) of STR 1994 - Held that:- Larger Bench decision in the case of Standard Chartered Bank & Ors. vs. CST [2015 (8) TMI 686 - CESTAT DELHI (LB)], held that credit card services were specifically included as a separate service in the Finance Act, 2006 and it is substantive legislative, which enacts levy on the several transactions enum .....

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..... and by virtue of this agreement, they are providing the support and connectivity to the banks. It is appeared that VISA are not resident and have no office in India. Therefore, the provisions of Rule 2(1)(d)(iv) of Service Tax Rules, 1994 have to be applied for recovery of service tax and M/s. Vijaya Bank are liable to pay service tax to the tune of ₹ 16,82,771/- for the period 6.8.2002 to 3 .....

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..... y person including an issuing bank and a clearing bank, to any other person in relation to settlements of any amount transacted to said card [Section65(33a) and (iii)]. The appellant submitted that the issue is squarely settled by decision by this Bench of the Tribunal in the case of CCE vs. M/s. Vijaya Bank M/s. Canara Bank: 2016 (11) TMI 61 CESTAT BANG. in view of the Larger Bench decision .....

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