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of <h1>Service Tax Not Applicable to Surcharges on Late Telephone Bill Payments, Clarifies Board. Refer Sections 65(48)(b) & 67(b).</h1> The circular clarifies that service tax is not applicable to surcharges collected for delayed payment of telephone bills. The Board examined the provisions of the Finance Act, 1994, specifically Sections 65(48)(b) and 67(b), determining that the surcharge does not alter the taxable value of services. Consequently, the previous circular, which suggested otherwise, is withdrawn. The Board instructs that any pending disputes should be resolved in accordance with this clarification, and relevant parties should be informed of this update. Acknowledgment of the receipt of this circular is requested.
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