https://www.taxtmi.com/forum/issue?id=1042 L/C confirmation charges by a foreign bank may be treated as an import of services. Such cross border banking services are identified as taxable services supplied to a person in India, attracting the reverse/recipient liability mechanism whereby the Indian recipient must account for service tax on the imported service. en-us Fri, 27 Feb 2009 13:23:23 +0530 Mon, 16 Mar 2009 13:44:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=1042 L/C confirmation charges by a foreign bank may be treated as an import of services. Such cross border banking services are identified as taxable services supplied to a person in India, attracting the reverse/recipient liability mechanism whereby the Indian recipient must account for service tax on the imported service. Discussion-Forum Service Tax Fri, 27 Feb 2009 13:23:23 +0530 https://www.taxtmi.com/forum/issue?id=1042