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Service Tax - Highlights / Catch Notes

Home Highlights August 2023 Year 2023 This

Levy of Service tax - declared services or not - penal interest ...

Service Tax

August 10, 2023

Levy of Service tax - declared services or not - penal interest and bouncing charges - The impugned order holding that penal interest and bouncing charges received by the appellants as “consideration” for “tolerating an act”, and are leviable to service tax under section 66E(e) of the Finance Act, 1994, cannot be sustained. - AT

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