https://www.taxtmi.com/highlights?id=71405 Levy of Service tax - declared services or not - penal interest and bouncing charges - The impugned order holding that penal interest and bouncing charges received by the appellants as “consideration” for “tolerating an act”, and are leviable to service tax under section 66E(e) of the Finance Act, 1994, cannot be sustained. - AT en-us Thu, 10 Aug 2023 07:56:43 +0530 Thu, 10 Aug 2023 07:56:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=71405 Levy of Service tax - declared services or not - penal interest and bouncing charges - The impugned order holding that penal interest and bouncing charges received by the appellants as “consideration” for “tolerating an act”, and are leviable to service tax under section 66E(e) of the Finance Act, 1994, cannot be sustained. - AT Highlights Service Tax Thu, 10 Aug 2023 07:56:43 +0530 https://www.taxtmi.com/highlights?id=71405