https://www.taxtmi.com/circulars?id=61605 Remittances of foreign currency and any conversion or remittance charges imposed by providers located outside India are not subject to service tax because transactions in money are excluded from the definition of service and, under the Place of Provision of Services Rules, such services are deemed provided outside India; similarly, fees charged by Indian receiving banks are not taxable where the recipient's location outside India determines the place of provision. en-us Thu, 26 Jul 2012 00:00:00 +0530 Tue, 25 Jun 2019 16:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=61605 Remittances of foreign currency and any conversion or remittance charges imposed by providers located outside India are not subject to service tax because transactions in money are excluded from the definition of service and, under the Place of Provision of Services Rules, such services are deemed provided outside India; similarly, fees charged by Indian receiving banks are not taxable where the recipient's location outside India determines the place of provision. Circulars Service Tax Thu, 26 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/circulars?id=61605