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Service Tax - Highlights / Catch Notes

Home Highlights August 2018 Year 2018 This

Banking and other Financial Services - The appellants are ...


Appellants Seek Tax Exemptions Similar to Reserve Bank of India for Performing Sovereign Functions.

August 13, 2018

Case Laws     Service Tax     AT

Banking and other Financial Services - The appellants are working as an agent of RBI in the discharge of sovereign functions, therefore, whatever exemption is applicable to RBI, that should also be applicable to the appellants who are working as an agent in the discharge of statutory/sovereign functions.

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