https://www.taxtmi.com/caselaws?id=252933 The Tribunal upheld the demand for service tax on commitment charges and facility cancellation charges, considering them integral to the lending service provided by the Bank. The Appellant's arguments regarding the nature of these charges as penalties rather than interest were dismissed, with the Tribunal deeming them chargeable to service tax based on previous judgments. The invocation of extended time limit for raising demand was justified, and the demand for service tax was confirmed, emphasizing the connection of commitment charges to the lending service provided by the Bank. en-us Wed, 08 Oct 2014 00:00:00 +0530 Tue, 01 Sep 2015 13:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=252933 The Tribunal upheld the demand for service tax on commitment charges and facility cancellation charges, considering them integral to the lending service provided by the Bank. The Appellant's arguments regarding the nature of these charges as penalties rather than interest were dismissed, with the Tribunal deeming them chargeable to service tax based on previous judgments. The invocation of extended time limit for raising demand was justified, and the demand for service tax was confirmed, emphasizing the connection of commitment charges to the lending service provided by the Bank. Case-Laws Service Tax Wed, 08 Oct 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=252933