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Tag: foreclosure charges gst

GST ArticlePre-GST

No service tax liability on foreclosure charges collected by banks and NBFCs on premature termination of loans

byCA Bimal Jain24/02/202324/02/2023

The CESTAT, Chennai in M/s Sundaram Finance Ltd. [Service Tax Appeal No. 646 and 647 of 2012 dated February 22,…

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