https://www.taxtmi.com/article/detailed?id=1841 There is no service tax per se on the amount of foreign currency remitted to India; fees or conversion charges levied by banks or financial institutions outside India are treated as services provided outside India under the Place of Provision of Services Rules, 2012, and are not taxable. Similarly, receiving-end charges by Indian banks or agents are not liable to service tax where the Place of Provision rules treat those services as outside the taxable ambit. en-us Sat, 04 Aug 2012 20:33:43 +0530 Sat, 04 Aug 2012 20:33:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=1841 There is no service tax per se on the amount of foreign currency remitted to India; fees or conversion charges levied by banks or financial institutions outside India are treated as services provided outside India under the Place of Provision of Services Rules, 2012, and are not taxable. Similarly, receiving-end charges by Indian banks or agents are not liable to service tax where the Place of Provision rules treat those services as outside the taxable ambit. Articles Service Tax Sat, 04 Aug 2012 20:33:43 +0530 https://www.taxtmi.com/article/detailed?id=1841