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Reimbursable Withholding Tax Not Taxable as Service Consideration: CESTAT Chandigarh
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AdvertisementSBI Cards & Payment Services Private Limited Vs Commissioner of Central Excise And Central Goods & Service Tax (CESTAT Chandigarh) The appeal challenged the order dated 20.04.2020 passed by the Commissioner of CGST, Rohtak confirming service tax demands of ₹4,26,41,080 in respect of services received from VISA Worldwide International PTE Ltd. and ₹5,30,197 in respect of services received from MasterCard Asia Pacific PTE Ltd., together with interest and penalties.
The appellant, engaged in providing credit card services, had availed credit card settlement services from these oversea...