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Service Tax - Highlights / Catch Notes

Home Highlights March 2020 Year 2020 This

Valuation - bank collects charges for dishonouring of the ...


Bank's Cheque Dishonor Charges Excluded from Service Tax Value u/r 5(1); Demand Set Aside.

March 30, 2020

Case Laws     Service Tax     AT

Valuation - bank collects charges for dishonouring of the cheques, which are recovered by the appellant from their clients - inclusion of such reimbursable charges in assessable value or not - Rule 5(1) - the said expenses are reimbursable expenses - Demand set aside.

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