2023 (7) TMI 1612

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....w Petition No. 338 of 2021 - -<br>Service Tax<br>Hon&#39;ble Mr. Justice P.S. Dinesh Kumar And Hon&#39;ble Mr. Justice Ravi V Hosmani For the Peti Petitioner : Sri. Deshpande Amit Anand, Advocate (PH). For the Respondent : Sri. Ashok A. Deshpande, Advocate (PH). ORDER Heard, Shri Amit Anand Deshpande, learned advocate for the petitioner - Revenue and Shri Ashok A Deshpande, learned adv....

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.... Excise & Customs, New Delhi, dated 3rd August, 2011. Adverting to para no. 2.1, of the notification, he submitted that the Central Board has clarified that the charges on account of delay in making payment by the service recipient to the service provider are in the nature of &#39;penal charge&#39; for not making payment within stipulated time and such amounts are not includable in the taxable val....