https://www.taxtmi.com/highlights?id=38209 Levy of service tax - receipt of commitment charges - commitment charges are in the nature of interest on unutilized portion of credit facilities - merely by accounting the same as guarantee commission, the amount received cannot be subjected to levy of service tax if the nature of the amount received is not a commission but interest of unused credit. - AT en-us Tue, 06 Mar 2018 17:28:36 +0530 Tue, 06 Mar 2018 17:28:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=38209 Levy of service tax - receipt of commitment charges - commitment charges are in the nature of interest on unutilized portion of credit facilities - merely by accounting the same as guarantee commission, the amount received cannot be subjected to levy of service tax if the nature of the amount received is not a commission but interest of unused credit. - AT Highlights Service Tax Tue, 06 Mar 2018 17:28:36 +0530 https://www.taxtmi.com/highlights?id=38209