https://www.taxtmi.com/caselaws?id=435152 The Tribunal upheld the demand of Rs. 16,99,443/- with applicable interest, while setting aside the remaining demands related to service tax on renting of immovable property, sale of loan application forms, concessional interest charged under Seed Capital Assistance Scheme, and foreclosure charges for premature payment of loans. The Tribunal also ruled that service tax is leviable on annual service charges against Working Capital Term Loan. Penalties were waived due to the appellant's genuine belief and cooperation with the Department. en-us Mon, 13 Mar 2023 00:00:00 +0530 Tue, 14 Mar 2023 08:58:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=435152 The Tribunal upheld the demand of Rs. 16,99,443/- with applicable interest, while setting aside the remaining demands related to service tax on renting of immovable property, sale of loan application forms, concessional interest charged under Seed Capital Assistance Scheme, and foreclosure charges for premature payment of loans. The Tribunal also ruled that service tax is leviable on annual service charges against Working Capital Term Loan. Penalties were waived due to the appellant's genuine belief and cooperation with the Department. Case-Laws Service Tax Mon, 13 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=435152