https://www.taxtmi.com/acts?id=19220 The inserted illustration clarifies that an agency service provided by a bank to the central banking institution is an input service used for providing the main service and, although the main service is in the negative list, such agency service is not excluded from the levy and is therefore leviable to service tax when consideration is received by the agent bank. en-us Sat, 28 Feb 2015 20:33:12 +0530 Sat, 28 Feb 2015 20:33:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=19220 The inserted illustration clarifies that an agency service provided by a bank to the central banking institution is an input service used for providing the main service and, although the main service is in the negative list, such agency service is not excluded from the levy and is therefore leviable to service tax when consideration is received by the agent bank. Act-Rules Bills Sat, 28 Feb 2015 20:33:12 +0530 https://www.taxtmi.com/acts?id=19220