Articles by Akarsh Tekriwal
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Is it justified to collect service tax on penalty charged?
Posted by Akarsh Tekriwal
11 September 2015
59120 Views
Telecom companies and Banks are charging service tax on late payment charges, Penalties, Penal interests, etc. If you credit card bill has a late payment charge of Rs.1000 on which Rs.140 will be charged as service tax. Service tax is to be charged
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