Refund of service tax on bank charges

This query is : Resolved

jagadeesh (Querist)
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22 May 2010 Exporters are eligbile for refund of service tax on the following bank charges:
1. services provided in relation to collection of export bills and

2. services provided in relation to export letters of credit such as advising commission, advising amendment, confirmation charges.

Most of the banks are issuing bank advice for charges inclusive of service tax.

Do the exporters can apply for refund even if the service tax component is not shown separately ?
Is there any clarification in this repect issued ?

Pls. advise

Ram Avtar Singh

Ram Avtar Singh (Expert)
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22 May 2010 Collect Service tax deduction certificate from your bank. and claim it.

CA HANI

CA HANI (Expert)
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26 May 2010 I agree with the expert , you can also use banks circular which is generally available on banks sites and giving details of bank charges

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