Applicability of service tax on interest on arrears charged

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..... Applicability of service tax on interest on arrears charged
Query (Issue) Started By: - Viral Damania Dated:- 26-8-2007 Last Reply Date:- 27-8-2007 Service Tax
Got 1 Reply
Service Tax
Whe .....

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..... ther Interest on arreears charged to member by Cooperative Housing Society, comes within ambit of service tax and service tax payable on the same? Reply By Surender Gupta: The Reply: There is not ser .....

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..... vice tax on Interest received on financial activities. Once a payment becomes overdue and interest being charged on such overdue, such interest can not be taxed as per the provisions.
Discussion F .....

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..... orum - Knowledge Sharing .....

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