https://www.taxtmi.com/caselaws?id=439989 The case dealt with the taxability of Foreign Bank charges reimbursed by the appellant to the Indian Bank under Banking and other Finance Services. The court ruled that the Indian Bank, as the actual service recipient, is liable to pay the service tax under the reverse charge mechanism. The appellant was found not liable for the service tax as they were not the service recipient. Citing previous judgments and circulars, the Tribunal set aside the service tax demand from the appellant, allowing the appeal. en-us Thu, 06 Jul 2023 00:00:00 +0530 Fri, 07 Jul 2023 07:55:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=439989 The case dealt with the taxability of Foreign Bank charges reimbursed by the appellant to the Indian Bank under Banking and other Finance Services. The court ruled that the Indian Bank, as the actual service recipient, is liable to pay the service tax under the reverse charge mechanism. The appellant was found not liable for the service tax as they were not the service recipient. Citing previous judgments and circulars, the Tribunal set aside the service tax demand from the appellant, allowing the appeal. Case-Laws Service Tax Thu, 06 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=439989