https://www.taxtmi.com/forum/issue?id=502 Liability for service tax on upfront/processing fees paid to overseas bank branches for sanctioning external commercial borrowings arises from classification as import of service; foreign branches are separate persons for service tax purposes and the Indian recipient is required to register and pay service tax on the imported service under the statutory framework including Section 66A. en-us Wed, 15 Aug 2007 14:52:57 +0530 Thu, 23 Jan 2025 15:58:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=502 Liability for service tax on upfront/processing fees paid to overseas bank branches for sanctioning external commercial borrowings arises from classification as import of service; foreign branches are separate persons for service tax purposes and the Indian recipient is required to register and pay service tax on the imported service under the statutory framework including Section 66A. Discussion-Forum Service Tax Wed, 15 Aug 2007 14:52:57 +0530 https://www.taxtmi.com/forum/issue?id=502