https://www.taxtmi.com/caselaws?id=444522 A bank acting as a statutory agent of the Reserve Bank of India for government business transactions was treated as covered by the same exemption available to the principal, because the agent's acts were attributable to the principal and the relevant notification extended to services provided to or by the Reserve Bank of India. The article notes that receiving taxes and making pension payments on behalf of the Government were regarded as statutory and sovereign functions, so the commission for those covered activities was treated as outside service tax, with the related demand, interest and penalties described as set aside. en-us Fri, 13 Oct 2023 00:00:00 +0530 Mon, 16 Oct 2023 14:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=444522 A bank acting as a statutory agent of the Reserve Bank of India for government business transactions was treated as covered by the same exemption available to the principal, because the agent's acts were attributable to the principal and the relevant notification extended to services provided to or by the Reserve Bank of India. The article notes that receiving taxes and making pension payments on behalf of the Government were regarded as statutory and sovereign functions, so the commission for those covered activities was treated as outside service tax, with the related demand, interest and penalties described as set aside. Case-Laws Service Tax Fri, 13 Oct 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=444522