https://www.taxtmi.com/highlights?id=73740 Levy of service tax - business auxiliary service or not - The Indian Bank has only collected such charges from the appellant as a reimbursement which was born by the Indian Bank while transacting with the Foreign Bank. Therefore, the appellant even though bearing the charges as a reimbursement the same cannot be said to be service charges - in the present case the demand of Service Tax was raised under the head of BAS which is absolutely incorrect. - AT en-us Sat, 23 Dec 2023 12:32:34 +0530 Sat, 23 Dec 2023 12:32:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=73740 Levy of service tax - business auxiliary service or not - The Indian Bank has only collected such charges from the appellant as a reimbursement which was born by the Indian Bank while transacting with the Foreign Bank. Therefore, the appellant even though bearing the charges as a reimbursement the same cannot be said to be service charges - in the present case the demand of Service Tax was raised under the head of BAS which is absolutely incorrect. - AT Highlights Service Tax Sat, 23 Dec 2023 12:32:34 +0530 https://www.taxtmi.com/highlights?id=73740