Regd transfer of funds

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This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

24 January 2015 Hi Expert,
Where I try to transfer funds from my HDFC bank, the message shown is "Charge 2.5 (exlcusive of taxes)"

Am wondering whether 'taxes' refer to service tax? If yes, what rate of service tax is applicable for transfer of funds.

Amount to be transferred is below 10000.

kindly reply.

thanks

Querist : Anonymous

Querist : Anonymous (Querist)

08 February 2015 Could manage to get reply from the bank.

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