https://www.taxtmi.com/caselaws?id=221643 The Commissioner allowed the appeal by M/s. Amalgamations Private Limited, ruling that 'Commitment Charges' should be treated as interest and are excluded from taxable value. The demand for service tax on these charges was deemed unsustainable, based on the interpretation of relevant laws and previous decisions on similar issues. The Commissioner concluded that the appellant's provision of a corporate guarantee did not make them liable to pay service tax, as they were not a banking company. en-us Thu, 01 Dec 2011 00:00:00 +0530 Fri, 22 Mar 2013 18:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=221643 The Commissioner allowed the appeal by M/s. Amalgamations Private Limited, ruling that 'Commitment Charges' should be treated as interest and are excluded from taxable value. The demand for service tax on these charges was deemed unsustainable, based on the interpretation of relevant laws and previous decisions on similar issues. The Commissioner concluded that the appellant's provision of a corporate guarantee did not make them liable to pay service tax, as they were not a banking company. Case-Laws Service Tax Thu, 01 Dec 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=221643