https://www.taxtmi.com/caselaws?id=76094 The court held that the collection of telephone bills by a bank for companies like BSNL and Airtel constitutes cash management services rather than business auxiliary services, exempting it from service tax liability under section 65(19) of the Finance Act 1994. The court emphasized that cash management services, including bill collection, are covered under banking and financial services, specifically under clause (12) of section 65. As a result, the court upheld the Tribunal's decision to cancel assessments on the bank for services provided before 1-6-2007, clarifying that such services were later taxed as Cash Management Services from that date onwards. en-us Mon, 27 Jul 2009 00:00:00 +0530 Mon, 21 Apr 2014 11:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=76094 The court held that the collection of telephone bills by a bank for companies like BSNL and Airtel constitutes cash management services rather than business auxiliary services, exempting it from service tax liability under section 65(19) of the Finance Act 1994. The court emphasized that cash management services, including bill collection, are covered under banking and financial services, specifically under clause (12) of section 65. As a result, the court upheld the Tribunal's decision to cancel assessments on the bank for services provided before 1-6-2007, clarifying that such services were later taxed as Cash Management Services from that date onwards. Case-Laws Service Tax Mon, 27 Jul 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=76094