Liability of service tax - reverse charge mechanism - overseas ...

Appellant Not Liable for Service Tax on Overseas Bank Charges; Indian Bank Responsible Under Forward Charge Mechanism.

August 5, 2023

Case Laws Service Tax AT

Liability of service tax - reverse charge mechanism - overseas banks has deducted certain bank charges from the export realization of the appellant’s export - Even assuming that the appellant have received any service, it is only from the Indian bank therefore, as per the forward charge mechanism, the Indian bank is liable to pay the service tax. Accordingly, under any circumstances in the given transaction the appellant is not liable to pay the service tax. - AT

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Liability of service tax - reverse charge mechanism - overseas ...

Appellant Not Liable for Service Tax on Overseas Bank Charges; Indian Bank Responsible Under Forward Charge Mechanism.

August 5, 2023

Case Laws Service Tax AT

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