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Service Tax - Highlights / Catch Notes

Home Highlights August 2018 Year 2018 This

Valuation - inclusion of interest on free loan - The cost of the ...


Court Rules No Notional Interest on Bank Guarantee Costs in Taxable Services Case.

August 6, 2018

Case Laws     Service Tax     AT

Valuation - inclusion of interest on free loan - The cost of the bank guarantee is incurred by the appellant - Thus, there is no case to add an amount of notional interest in the value of taxable services rendered.

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