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Service Tax - Highlights / Catch Notes

Home Highlights August 2019 Year 2019 This

Valuation - nature of pre-pay penalty towards foreclosure of ...

Case Laws     Service Tax

August 26, 2019

Valuation - nature of pre-pay penalty towards foreclosure of home loan - The contract specifies a charge levied for exercising the option the said charge cannot be penalty or liquidated damage to compensate the loss - Demand of service tax with interest confirmed.

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