Service Tax Rate in Hire Purchase Contracts Fixed at Contract Date, Unaffected by Later Increases During EMI Payments. https://www.taxtmi.com/highlights?id=15602 Hire purchase contract - The rate of service tax, prevailing on the date on which contract is entered into will be applicable and not the higher rates made effective the subsequent Finance Act periods during which EMIs are continued to be paid - AT en-us Wed, 06 Nov 2013 20:42:50 +0530 Wed, 06 Nov 2013 20:42:50 +0530 TaxTMI RSS Generator Service Tax Rate in Hire Purchase Contracts Fixed at Contract Date, Unaffected by Later Increases During EMI Payments. https://www.taxtmi.com/highlights?id=15602 Hire purchase contract - The rate of service tax, prevailing on the date on which contract is entered into will be applicable and not the higher rates made effective the subsequent Finance Act periods during which EMIs are continued to be paid - AT Highlights Service Tax Wed, 06 Nov 2013 20:42:50 +0530 https://www.taxtmi.com/highlights?id=15602