Clearly drafted news posted byMuhammad Abubacker (Muscat, Oman )[29 October 2014] IP: 82.*.*.* Oman | Comment Reference Number: 37919
The news is clearly drafted and remittance of money involved no service. It also clarified in the attached circular with this news.
Service tax will be on the bank charges or commission charged by the Indian agent who is providing intermediary service and not on the total amount of remittance.
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