https://www.taxtmi.com/caselaws?id=802454 Foreign-bank charges deducted from export proceeds do not, by themselves, establish that an exporter received a taxable service under the reverse charge mechanism. Liability requires proof that the service was rendered to the person sought to be taxed; bearing the economic cost is distinct from being the service recipient. Where foreign banks operate through buyers' banking arrangements and no material establishes that exporters engaged them or had a direct service relationship, the charges are not taxable in the exporters' hands. Consequential interest and penalties are also unsustainable. en-us Wed, 04 Nov 2026 00:00:00 +0530 Fri, 06 Nov 2026 08:29:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=802454 Foreign-bank charges deducted from export proceeds do not, by themselves, establish that an exporter received a taxable service under the reverse charge mechanism. Liability requires proof that the service was rendered to the person sought to be taxed; bearing the economic cost is distinct from being the service recipient. Where foreign banks operate through buyers' banking arrangements and no material establishes that exporters engaged them or had a direct service relationship, the charges are not taxable in the exporters' hands. Consequential interest and penalties are also unsustainable. Case-Laws Service Tax Wed, 04 Nov 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=802454