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Service Tax - Highlights / Catch Notes

Home Highlights October 2018 Year 2018 This

Valuation - includibility - amount collected as Interest free ...


Interest Free Maintenance Security Deposit Exempt from Service Tax Valuation, Not an Advance Payment for Service Charges.

October 12, 2018

Case Laws     Service Tax     Commissioner

Valuation - includibility - amount collected as Interest free Maintenance Security as a deposit - The amount collected as deposit was merely a security and not an advance towards any service charge and hence not includible in value for service tax.

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