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Service Tax - Highlights / Catch Notes

Home Highlights October 2015 Year 2015 This

Whether Setting up MICR-CPC to attend cheque clearance of ...


MICR-CPC Setup for Cheque Clearance Classified as Taxable Service Under Banking and Other Financial Services.

October 31, 2015

Case Laws     Service Tax     AT

Whether Setting up MICR-CPC to attend cheque clearance of Financial Institutions is Banking and Other Financial Services or not? – Cheque clearance activity rendered to other member Banks and not to customers - Held Yes - Activity is taxable - AT

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