https://www.taxtmi.com/caselaws?id=366848 The court held that custodial services provided to Foreign Institutional Clients (FII's) by the respondent were classified as an export of service under sub-clause (iii) of Rule 3 of the Export of Service Rules, 2005. The court relied on a clarificatory Circular by the Central Board of Excise & Customs emphasizing the location of the service recipient. As no substantial question of law was found, the court dismissed the appeal and affirmed the Tribunal's decision in favor of the respondent, granting them the benefits claimed. en-us Tue, 04 Sep 2018 00:00:00 +0530 Mon, 31 Dec 2018 10:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=366848 The court held that custodial services provided to Foreign Institutional Clients (FII's) by the respondent were classified as an export of service under sub-clause (iii) of Rule 3 of the Export of Service Rules, 2005. The court relied on a clarificatory Circular by the Central Board of Excise & Customs emphasizing the location of the service recipient. As no substantial question of law was found, the court dismissed the appeal and affirmed the Tribunal's decision in favor of the respondent, granting them the benefits claimed. Case-Laws Service Tax Tue, 04 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=366848