Service tax not leviable on allocation of head office expense by head office to branch

Standard Chartered Bank Vs Commissioner of CGST & CX Mumbai South (CESTAT Mumbai) CESTAT Mumbai held that the allocation of head office executive and general administrative expenses by the head office of Standard Chartered Bank to India branch cannot be subjected to levy of service tax under the Finance Act, 1994. Facts- The appellants is a banking company operating through various branch offices situated across India and having their head office in London, United Kingdom i.e., Standard Chartered Bank, UK (SCB-UK). The SCB-UK has an extensive global network of its branches all over the wor...