Is it justified to collect service tax on penalty charged?

Akarsh Tekriwal , Last updated: 11 September 2015  
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Telecomcompanies and Banks are charging service tax on late payment charges, Penalties, Penal interests, etc. If youcredit card billhas alate payment chargeofRs.1000 on which Rs.140 will becharged as service tax. Service tax is to be charged on the gross amount paid by the customer for performing

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Published by

Akarsh Tekriwal
(Student CA Final )
Category Service Tax   Report

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