Levy of service tax on commission received from the RBI for the ...

Banks Acting as RBI Agents for Government Transactions Exempt from Service Tax on Commissions Received.

May 6, 2018

Case Laws Service Tax AT

Levy of service tax on commission received from the RBI for the tax collection, RBI bonds, payment of pension, PPF etc - the bank has been appointed as agent of RBI, it is transacting Government business which is in the nature of a sovereign function performed on behalf of the Government and hence not liable to service tax - AT

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Levy of service tax on commission received from the RBI for the ...

Banks Acting as RBI Agents for Government Transactions Exempt from Service Tax on Commissions Received.

May 6, 2018

Case Laws Service Tax AT

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