BUSINESS AUXILLARY OR BUSINESS SUPPORT
This query is : Resolved
05 June 2010
Whether loan documentation and evaluation services provided by DSA/DMA of Banks falls under BAS or it falls under BSS. Also whether these services would not get benefit of basic exemption under notification 6/2005, being branded service. A quick response from Experts is eagerly awaited.
Also please quote the relevant citation, if any, on this matter.
Thanks in advance.
Also please quote the relevant citation, if any, on this matter.
Thanks in advance.
07 June 2010
It would come under BSS and exemption should be available as it is service given to the bank and not a service which the bank provides [ i.e. the bank does not provide bss service]
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