https://www.taxtmi.com/caselaws?id=460549 The note concerns reverse charge liability for banking and other financial services where foreign banks outside India provided the services, and the disputed question was whether the Indian bank was the recipient of those services. CESTAT held that the Indian bank was not the recipient of any service rendered by the foreign bank and, on that basis, no service tax was payable under reverse charge mechanism. The Supreme Court noted the matter and admitted the appeal. en-us Tue, 07 Nov 2023 00:00:00 +0530 Fri, 31 Jan 2025 13:30:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=460549 The note concerns reverse charge liability for banking and other financial services where foreign banks outside India provided the services, and the disputed question was whether the Indian bank was the recipient of those services. CESTAT held that the Indian bank was not the recipient of any service rendered by the foreign bank and, on that basis, no service tax was payable under reverse charge mechanism. The Supreme Court noted the matter and admitted the appeal. Case-Laws Service Tax Tue, 07 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=460549