https://www.taxtmi.com/caselaws?id=764974 CESTAT Chennai ruled in favor of appellant regarding service tax liability on bank charges paid to foreign banks under reverse charge mechanism for July 2012 to March 2013. The Tribunal held that appellant cannot be treated as service recipient under Section 66A read with Rule 2(1)(2)(iv) of Service Tax Rules, 1994, therefore no service tax is chargeable. Decision was consistent with earlier ruling in same appellant's favor in similar matter. Appeal was allowed. en-us Tue, 21 Jan 2025 00:00:00 +0530 Thu, 23 Jan 2025 08:39:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=764974 CESTAT Chennai ruled in favor of appellant regarding service tax liability on bank charges paid to foreign banks under reverse charge mechanism for July 2012 to March 2013. The Tribunal held that appellant cannot be treated as service recipient under Section 66A read with Rule 2(1)(2)(iv) of Service Tax Rules, 1994, therefore no service tax is chargeable. Decision was consistent with earlier ruling in same appellant's favor in similar matter. Appeal was allowed. Case-Laws Service Tax Tue, 21 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=764974