NEWS- ST - Citi Bank entrusted processing of transactions to appellant - since computerized data processing is excluded from scope of BAS, question of confirmation of demand does not arise - Demand not sustainable because SCN allegations and ground for confirmation are at variance - appeal allowed: CESTAT THE appellants are engaged in providing various services to M/s Citi Bank and allied entities in India and abroad. They undertook collection and sales services, call center services and computerized data processing services for the client. On the collection and sales services they have been discharging service tax liability under Business Auxiliary Services (BAS) w.e.f 01/07/2003 and on call center services they have been discharging service tax liability under BAS w.e.f (2009-TIOL-150-HC-MUM-ST)as the said service was exempt prior to 01/03/2006. In respect of computerized data processing services, they have been discharging service tax under the category of Business Support Services w.e.f (2009-TIOL-150-HC-MUM-ST) when the said service was brought under tax net. Read more at: taxindiaonline/RC2/inside2.php3?filename=bnews_detail.php3&newsid=18838
Posted on: Tue, 15 Oct 2013 05:27:01 +0000
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