Service Tax Liability lies on Indian Bank if Any Bank Charges paid by Indian Bank to Foreign Banks in Connection with Import or Export of Goods: CESTAT [Read Order]

By Shabna Rahim - On August 8, 2023 6:30 am - 2 mins read

Service-Tax- Liability -Indian -Bank - Bank -Charges - Indian- Bank - Foreign- Banks - Import - Export - Goods-CESTAT-TAXSCAN

The Ahmedabad bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) held that the service tax liability lies on the Indian Bank if any bank charges are paid by the Indian Bank to Foreign Banks in connection with any import or export of goods. Dishman Pharmaceuticals & Chemicals Ltd, the appellant assessees was…

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