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Service tax liability for interest expenses in foreign curr

This query is : Resolved 
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(Querist)
06 October 2013 Hi

we have taken loan from intercomapny and third party situated in another country and Paying Interest expenses in foreign curr

So My query is that Interest expenses will cover under reverse charge of service tax or not as we are service receiver in india>
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CA Suresh Jain

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CA Suresh Jain (Expert)
06 October 2013 Receipt or payment of interest is not a service
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