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Service Tax - Highlights / Catch Notes

Home Highlights November 2013 Year 2013 This

Hire purchase contract - The rate of service tax, prevailing on ...


Service Tax Rate in Hire Purchase Contracts Fixed at Contract Date, Unaffected by Later Increases During EMI Payments.

November 6, 2013

Case Laws     Service Tax     AT

Hire purchase contract - The rate of service tax, prevailing on the date on which contract is entered into will be applicable and not the higher rates made effective the subsequent Finance Act periods during which EMIs are continued to be paid - AT

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