Bank Not Liable for Service Tax on Foreign Service Charges Before April 18, 2006; Demand Barred by Limitation Period.

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Full Text of the Document

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....Service charges paid to Foreign Banks against the service received by the appellant-bank - Service charges paid to Master Card International - up to 18.4.2006, appellants are not liable to pay service tax on reverse charge basis. - Further demand is barred by the period of limitation as there is no intention to evade service tax.....