Download Document

English हिंदी
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]
Government of India
Ministry of Finance
Department of Revenue
Central Board of Excise and Customs
Notification No. 19/2015-Service Tax
New Delhi, the 14
th
October, 2015
22 Asvina 1937 Saka
G.S.R. (E).- Whereas, the Central Government is satisfied that in the period commencing on and from the 1
st
day of July, 2012
and ending with the 13
th
day of October, 2014 (hereinafter referred to as the said period) according to a practice that was
generally prevalent, there was non​levy of service tax on the services provided by an Indian Bank or other entity acting as an
agent to the Money Transfer Service Operators (hereinafter referred to as MTSO), in relation to remittance of foreign currency
from outside India to India (hereinafter referred to as the said practice), and this service was liable to service tax, which was
not being paid according to the said practice.
Now, therefore, in exercise of the powers conferred by section 11C of the Central Excise Act, 1944 (1 of 1944) as made
applicable to like matters in Service Tax vide section 83 of the Finance Act, 1994 (32 of 1994), the Central Government hereby
directs that the service tax payable under section 66B of the Finance Act, 1994, on the service provided by an Indian Bank or
other entity acting as an agent to the MTSO in relation to remittance of foreign currency from outside India to India, in the said
period, but for the said practice, shall not be required to be paid.
(Himani Bhayana)
Under Secretary to the Government of India
[F.No. 137/51/2014-Service Tax]
notifications no 19 2015 st | iKargos