https://www.taxtmi.com/caselaws?id=785028 Service tax on foreign bank charges deducted from export proceeds does not arise where the exporter engaged an Indian collecting bank and had no direct dealings with the foreign banks. The relevant service was treated as rendered in the remittance and collection chain to the Indian bank, not received by the exporter. On identical facts, the exporter could not be regarded as the recipient of Banking and Other Financial Services from foreign banks under the reverse-charge provisions. Consequently, the service tax demand on such deductions was untenable and the appeal succeeded. en-us Thu, 08 Jan 2026 00:00:00 +0530 Thu, 15 Jan 2026 11:57:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=785028 Service tax on foreign bank charges deducted from export proceeds does not arise where the exporter engaged an Indian collecting bank and had no direct dealings with the foreign banks. The relevant service was treated as rendered in the remittance and collection chain to the Indian bank, not received by the exporter. On identical facts, the exporter could not be regarded as the recipient of Banking and Other Financial Services from foreign banks under the reverse-charge provisions. Consequently, the service tax demand on such deductions was untenable and the appeal succeeded. Case-Laws Service Tax Thu, 08 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=785028