https://www.taxtmi.com/caselaws?id=772071 The SC/Tribunal examined service tax liability for foreign bank charges in export proceeds. It ruled that exporters are not liable for service tax when foreign banks deduct charges during export proceeds remittance, as no direct service relationship exists between exporters and foreign banks. The Tribunal rejected extended limitation period and penalties, setting aside the original tax demand based on established legal precedents. en-us Mon, 02 Jun 2025 00:00:00 +0530 Wed, 04 Jun 2025 08:40:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=772071 The SC/Tribunal examined service tax liability for foreign bank charges in export proceeds. It ruled that exporters are not liable for service tax when foreign banks deduct charges during export proceeds remittance, as no direct service relationship exists between exporters and foreign banks. The Tribunal rejected extended limitation period and penalties, setting aside the original tax demand based on established legal precedents. Case-Laws Service Tax Mon, 02 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=772071