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Exempts Service Tax on Interest on repayment of installment of Hire Purchase Agreements - 004/2006 - Service TaxExtract ..... d by sub-section (1) of section 93 of the Finance Act, 1994 (32 of 1994) (herein referred to as the Finance Act), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby exempts the taxable service, spe ..... X X X X Extracts X X X X Login / Subscribe to Access Full Page X X X X Extracts X X X X ..... nterest, i.e. the difference between the installment paid towards repayment of the lease amount and the principal amount contained in such installment paid.Explanation. - This exemption shall not apply to any amount, other than an amount forming or r ..... X X X X Extracts X X X X Login / Subscribe to Access Full Page X X X X Extracts X X X X
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