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Service Tax - Highlights / Catch Notes

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When cash management services stood excluded from the purview of ...


Banks' Cash Management Services Not Taxable Before June 1, 2007; Authorities Cannot Reclassify to Impose Service Tax.

November 15, 2016

Case Laws     Service Tax     AT

When cash management services stood excluded from the purview of service tax at the hands of the Bank until 31.05.2007, the authorities cannot levy service tax on an activity which is essentially cash management service, by taking aid of other general charging heads, such as business auxiliary service - AT

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