Service tax on foreign remittances clarified: remitted amounts and associated overseas fees are not subject to service tax. The notice clarifies that amounts of foreign currency remitted to India are not subject to service tax because transactions in money are excluded from the definition of service; fees or conversion charges by overseas remitters or remittance operators are not taxable as those services are deemed provided outside India under the Place of Provision of Services Rules, and an Indian receiving bank charging a foreign recipient is likewise not liable because the place of provision is the recipient's location under rule 3.