Service tax on intt. recieve on delay payment from customer
This query is : Resolved
16 January 2016
My company is Real Estate Company paying service tax on demand made to customer.
The company is receiving interest from customer on delay payment. is there any liability on part of company to pay service tax on interest recd. on delay payment.
The company is receiving interest from customer on delay payment. is there any liability on part of company to pay service tax on interest recd. on delay payment.
16 January 2016
NO . THE RE IS NO SERVICE TAX LIABLITY ON INTEREST AS IT IS COVERED UNDER NEGATIVE LIST.
16 January 2016
May you tell me point no. or point in negative list so that i consult with my consultant
16 January 2016
YOU CAN REFER POINT NO. (n) OF NEGATIVE LIST.
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