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Service Tax - Highlights / Catch Notes

Home Highlights November 2014 Year 2014 This

Whether commitment charges recovered by the Bank are to be added ...


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

November 7, 2014

Case Laws     Service Tax     AT

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

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