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    <title>Payment of service tax on reversed charge method -Reg</title>
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    <description>Bank remittance deductions are characterized as banking charges between banks and not services provided to the exporter; therefore, such deductions do not ordinarily attract reverse charge service tax liability on the exporter. A precautionary approach noted is voluntary payment of service tax and claiming CENVAT credit on input services to avoid litigation.</description>
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      <description>Bank remittance deductions are characterized as banking charges between banks and not services provided to the exporter; therefore, such deductions do not ordinarily attract reverse charge service tax liability on the exporter. A precautionary approach noted is voluntary payment of service tax and claiming CENVAT credit on input services to avoid litigation.</description>
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      <law>Service Tax</law>
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