Levy of Service tax - Forfeiture of earnest money deposit on ...
Case Laws Service Tax
April 27, 2023
Levy of Service tax - Forfeiture of earnest money deposit on account of contractors failure to honor the terms of the contract - The Circular dated 28.02.2023 issued by the Central Board of Indirect Tax and Customs also provides that service tax cannot be levied on the amount collected for the said purpose - thus demand on contractual agreement do not sustain. - AT
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