banner_ad

Question

858 views 4 replies

What are actionable cliaims? why is service tax not charged on actionable claims?

Replies (4)

Suppose if some amount is recoverable from a debtor quite for a long time and is overdue, then the creditor performs some action against its debtor. this is known as actionable claims. 

Hence no ST is leviable on actionable claims.

Thanks for sharing good info. BUT why the question of serives tax arised over here ?

I am also having same doubt whether this is only considered as actionable claim

Even if it is this whether the ST point on creditor/debtor point or who is taking action on behalf like if lawyer send notice for that creditor pays to lawyer this is considered as actionable claim

 

Thank you ! My doubt is clarified !


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details