GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
NOTIFICATION No. 52/2016-Service Tax
New Delhi, the 8th December, 2016
G.S.R.….(E).-In exercise of the powers conferred by sub-section (1) of section 93 of the
Finance Act, 1994 (32 of 1994), the Central Government being satisfied that it is necessary in the
public interest so to do, hereby makes the following further amendments in the notification of the
Government of India in the Ministry of Finance (Department of Revenue)
No.25/2012-Service
Tax, dated the 20th June, 2012, published in the Gazette of India, Extraordinary, Part II, Section 3,
Sub-section (i) vide number G.S.R. 467 (E), dated the 20th June, 2012, namely:-
In the said notification, in the opening paragraph, after entry 63, the following entry shall be
inserted, namely,-
“64. Services by an acquiring bank, to any person in relation to settlement of an amount upto
two thousand rupees in a single transaction transacted through credit card, debit card,
charge card or other payment card service.
Explanation. — For the purposes of this entry, “acquiring bank” means any banking
company, financial institution including non-banking financial company or any other
person, who makes the payment to any person who accepts such card.”
[F. No. 356/21/2016-TRU]
(Anurag Sehgal)
Under Secretary to the Government of India
Note:-The principal notification was published in the Gazette of India, Extraordinary, vide
notification No. 25/2012 - Service Tax, dated the 20th June, 2012, vide number G.S.R. 467 (E),
dated the 20th June, 2012 and last amended vide notification number
47/2016 - Service Tax, dated
the 9th November, 2016 vide number G.S.R. 1056 (E), dated the 9th November, 2016.