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Detention Charges

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..... Sir, Is veh.detention charges chargeable to service tax or not. Regards, Mridul Sethi - Reply By Pradeep Khatri - The Reply = No, it would not included in the taxable amount since it is in compensatory nature. - Reply By Mridul Sethi - The Reply = So, Pls clear me that :- amount of compensatory nature is taxed or not, because it is the income of service provider. - Reply By Pradeep Khat .....

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..... ri - The Reply = I had read either a case law or a clarification pertaining to your query but not able to recall my memory that where I had read about this. But I'm damn sure it is not includible. Please discuss it with your consultant and refer the mega notification or negative list. - Reply By rishi mohan - The Reply = There is no service tax applicable on "Detention charges", the same sho .....

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..... uld be claimed specifically and separately in the invoice, rather than clubbing in gross amount claimed for broking services. - Reply By Mukesh Gupta - The Reply = As far as my knwlege , all services are taxable except services provided in teh nagative list or exempted list. Hence service tax should be appliable on detention charges. If some body has any notification or circular, pl update. .....

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..... - Detention Charges - Query Started By: - Mridul Sethi Dated:- 4-10-2012 Service Tax - Got 5 Replies - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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