No service tax on foreign payment processing Services: CESTAT Chennai

Eastman Exports Global Clothing P Ltd Vs Commissioner of Central Excise and Service Tax (CESTAT Chennai)

In a significant ruling, the Chennai bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) has sided with Eastman Exports Global Clothing P Ltd., setting aside demands for service tax on two key issues: payment processing by M/s Amsco Finance Ltd. and remittance services by foreign banks, primarily Deutsche Bank. The tribunal’s decision, delivered on May 8, 2024, underscores the absence of a direct service provider-recipient relationship between the exp

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