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![Relief to State Bank of Patiala: Giving of Loans is not a Service, Interest earned by Bank on Loans is not liable to Service Tax, rules CESTAT [Read Order] Relief to State Bank of Patiala: Giving of Loans is not a Service, Interest earned by Bank on Loans is not liable to Service Tax, rules CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/08/State-Bank-of-Patiala-Loans-Bank-Service-Tax-CESTAT-Taxscan.jpg)
Relief to State Bank of Patiala: Giving of Loans is not a Service, Interest earned by Bank on Loans is not liable to Service Tax, rules CESTAT [Read Order]
In a relief to the State Bank of Patiala, the Delhi Bench of Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) ruled that giving of loans...