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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 59069 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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