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Service Tax - Highlights / Catch Notes

Home Highlights November 2015 Year 2015 This

Import of services - Arrangement Fees and Agent's Bank fees - ...


Arrangement and Agent's Bank Fees for Lender Syndication Taxed as Imported Services Outside India.

November 23, 2015

Case Laws     Service Tax     AT

Import of services - Arrangement Fees and Agent's Bank fees - Amount paid to Mandated Lead Arrangers (MLAs) to procure lenders/lender syndicate for the appellant. - services have been received by the appellant-assessee beyond the Indian Territory - The activity is chargeable to service tax - AT

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