https://www.taxtmi.com/forum/issue?id=105986 A money changer registered under the banking and finance services category attempted to use the presumptive rates option for foreign currency exchange but faced return rejection because those rates were deemed inapplicable to the banking and finance category and not covered by the abatement notification; the core operative question concerns eligibility to elect the presumptive payment option and the correct reporting and gross-up treatment in the ST-3 return. en-us Sat, 17 Aug 2013 18:58:30 +0530 Thu, 23 Jan 2025 15:57:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=105986 A money changer registered under the banking and finance services category attempted to use the presumptive rates option for foreign currency exchange but faced return rejection because those rates were deemed inapplicable to the banking and finance category and not covered by the abatement notification; the core operative question concerns eligibility to elect the presumptive payment option and the correct reporting and gross-up treatment in the ST-3 return. Discussion-Forum Service Tax Sat, 17 Aug 2013 18:58:30 +0530 https://www.taxtmi.com/forum/issue?id=105986