https://www.taxtmi.com/forum/issue?id=1583 Chargeability of service tax requires a provider to receiver service relationship; pure interest, credit charges, damages for breach, and late payment fees are not taxable as they do not constitute consideration for a service. However, where the primary contract is a service contract, amounts collected as contractual levies or penalties may be treated as part of the service consideration and thus attract service tax on the portion so characterised. en-us Tue, 03 Nov 2009 21:19:19 +0530 Thu, 23 Jan 2025 15:58:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=1583 Chargeability of service tax requires a provider to receiver service relationship; pure interest, credit charges, damages for breach, and late payment fees are not taxable as they do not constitute consideration for a service. However, where the primary contract is a service contract, amounts collected as contractual levies or penalties may be treated as part of the service consideration and thus attract service tax on the portion so characterised. Discussion-Forum Service Tax Tue, 03 Nov 2009 21:19:19 +0530 https://www.taxtmi.com/forum/issue?id=1583