Bg commission whether chargele to service tax
This query is : Resolved
28 June 2013
Whether banks has to pay service tax on BG commision charged by them.
Since bankers are not given the invoice or bill mention the service tax portion, then we can do 112.36 formaula and avile the service tax input on it.
Since bankers are not given the invoice or bill mention the service tax portion, then we can do 112.36 formaula and avile the service tax input on it.
CMA Ramesh Krishnan
(Expert)
28 June 2013
BG commission attract service tax.
In case bank not mentioned, check with bankers incase they charging inclusive of ST,then you apply back calculations and take input
In case bank not mentioned, check with bankers incase they charging inclusive of ST,then you apply back calculations and take input
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