Services by the Reserve Bank of India

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.... Effective date: 1.7.2012 Scope of Negative Service - Section 66D (b) Services by the Reserve Bank of India (RBI) Meanings and Definitions: Section 65B(42) -"Reserve Bank of India" mean....

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.... in relation to management of foreign exchange reserves will be exempt from service tax. Here management means any specialized financial services received by RBI such as external asset management, cu....