Case Law Details
Case Name : Canara Bank Versus Commissioner of Central Excise and Customs (LTU) (CESTAT Bangalore)
Related Assessment Year :
Courts :
All CESTAT CESTAT Bangalore
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CESTAT, BANGALORE BENCH
Canara Bank
Versus
Commissioner of Central Excise and Customs (LTU)
Stay Order Nos. 975/2012
Stay Application No. 1927/2011
Service Tax Appeal No. 3083/2011
Date of pronouncement – May 30, 2012
ORDER<
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I have a un secured card loan from citibabk. The loan amount is Rs.365000. The EMI is Rs.10650 for 48 months. The first 4 months they have taken only EMI.Feom 5th month they stated taking service tax on the interest portion.Is this is right.