2017 (7) TMI 1205

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..... he Tribunal in the case of Standard Chartered Bank Vs. CST, Mumbai-I [2015 (8) TMI 686 - CESTAT DELHI (LB)] wherein Larger Bench has held that prior to 01.05.2006, credit card services or other payment card services to be classified banking/financial services only these services provided by an issuing bank to an acquiring bank - appeal allowed - decided in favor of appellant. - Appeal No. ST/107/ .....

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..... he service tax liability under the category of banking and other financial services for the amount received by the appellant during the period 01.11.2014 to 31.12.2005 towards commission merchants establishment commission for promoting credit card users to access the hotel for making the payments. 5. We find that the Ld. Chartered Accountant was correct that the issue stands decided by the Lar .....

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..... in sub-clauses (i) to (vii) specified in the definition set out in Section 65(33a); and all these transactions are neither impliedly covered nor inherently subsumed within the purview of credit card services defined in Section 65(10) or (12) as part of the BOFS; b) On point No. (ii) we hold that sub-clause (iii) in Section 65(33 a) is neither intended nor expressed to have a retroactive reach i .....

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