Interest or service charge - Interest received for loan given to ...
Interest on Short-Term Loan to Subsidiary Classified as Interest, Not Service Charge; Exempt from Service Tax.
June 6, 2018
Case Laws Service Tax AT
Interest or service charge - Interest received for loan given to Subsidiary company for short period - The amount received by the appellant is interest cannot be said as charges of service provided by them - interest received by the appellant is not chargeable to service tax - AT
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