EXCISE/ST/VAT : In case of assessee providing services of hire-purchase and financial leasing of commercial vehicles, for period prior to 1-3-2006, service tax is not recoverable on entire interest component collected as equated monthly instalments on transactions relating to ‘financial leasing services including equipment leasing and hire-purchase’,EXCISE/ST/VAT : In case of assessee providing services of hire-purchase and financial leasing of commercial vehicles, for period prior to 1-3-2006, service tax is not recoverable on entire interest component collected as equated monthly instalments on transactions relating to ‘financial leasing services including equipment leasing and hire-purchase’,www.taxmann.com Latest Case LawsRead More