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

Home Loan Pre-Payment Charge Subject to Service Tax and Interest, Not a Penalty or Liquidated Damages.

August 26, 2019

Case Laws Service Tax AT

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

Home Loan Pre-Payment Charge Subject to Service Tax and Interest, Not a Penalty or Liquidated Damages.

August 26, 2019

Case Laws Service Tax AT

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