https://www.taxtmi.com/article/detailed?id=1813 Remittances of foreign currency from abroad are not subject to service tax because they are a transaction in money and thus excluded from the definition of "service"; fees or conversion charges for sending such money are not taxable where both supplier and recipient are located outside the taxable territory, and location based place of provision rules likewise exempt charges recovered domestically on behalf of foreign providers because the service receiver is outside the tax territory. en-us Wed, 11 Jul 2012 13:45:06 +0530 Wed, 11 Jul 2012 13:45:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=1813 Remittances of foreign currency from abroad are not subject to service tax because they are a transaction in money and thus excluded from the definition of "service"; fees or conversion charges for sending such money are not taxable where both supplier and recipient are located outside the taxable territory, and location based place of provision rules likewise exempt charges recovered domestically on behalf of foreign providers because the service receiver is outside the tax territory. Articles Service Tax Wed, 11 Jul 2012 13:45:06 +0530 https://www.taxtmi.com/article/detailed?id=1813