Bank Commitment Charges Taxable Under Service Tax, Not Exempt as Interest, Says Regulation.

Whether commitment charges recovered by the Bank are to be added to the taxable service for charging service tax or these charges are to be treated as interest and no service tax was to be levied on such charges - the amount is taxable - AT .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X