https://www.taxtmi.com/article/detailed?id=1053 The Finance Act, 2006 created a distinct taxable category for credit card, debit card, charge card and other payment card services, using an inclusive definition that covers issuance, outsourced processing activities (application processing, embossing-data transfer, PIN generation, renewals/replacements, address changes, credit-limit enhancements, payment updation, statement generation), settlement services by issuing or acquiring banks or others, joint promotional/co-branded cards, promotion and marketing via cards, ATM access services, and trademark/brand-name services to issuing banks; any person providing such services to another is liable and treated as the assessee for service tax. en-us Thu, 09 Dec 2010 23:17:39 +0530 Thu, 09 Dec 2010 23:17:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=1053 The Finance Act, 2006 created a distinct taxable category for credit card, debit card, charge card and other payment card services, using an inclusive definition that covers issuance, outsourced processing activities (application processing, embossing-data transfer, PIN generation, renewals/replacements, address changes, credit-limit enhancements, payment updation, statement generation), settlement services by issuing or acquiring banks or others, joint promotional/co-branded cards, promotion and marketing via cards, ATM access services, and trademark/brand-name services to issuing banks; any person providing such services to another is liable and treated as the assessee for service tax. Articles Service Tax Thu, 09 Dec 2010 23:17:39 +0530 https://www.taxtmi.com/article/detailed?id=1053