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Service Tax - Highlights / Catch Notes

Home Highlights November 2019 Year 2019 This

Import of services - Reverse charge mechanism - Bank Guarantee ...


Court Rules Indian Bank Not Service Recipient for Foreign Bank's Guarantee Commission Under Reverse Charge Mechanism.

November 26, 2019

Case Laws     Service Tax     HC

Import of services - Reverse charge mechanism - Bank Guarantee Commission - At no stretch of imagination, it can be said that the petitioner's Bank at Chennai, namely, Indian Bank, Adyar, is recipient of the Service provided by the intermediary Bank or the foreign bank situated in Iraq.

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