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Delhi HC Stays SCN Adjudication Against DBS Bank for Service Tax on Minimum Average Balance: Report

Delhi HC Stays SCN Adjudication Against DBS Bank for Service Tax on Minimum Average Balance: Report Moneylife Digital Team 30 April 2021 The Delhi High Court (HC) on Friday granted interim protection to DBS Bank Ltd from adjudication of a show cause notice (SCN) proposing to levy service tax on obligation of maintaining minimum average balance (MAB) by its customers, along with interest and penalty, reports   As per the report, upon taking note of the lenders submissions, the HC issued notice...
Hong Kong Tamil Nadu Service Tax On Minimum Average Balance Bank Ltd Moneylife Digital Team Punjab National Bank

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