Service tax credit/input on bank charges


This query is : Resolved 

(Querist)
07 January 2014 Dear All,

Please guide me that under which section/board circular/notification we can take credit of service tax on bank charges.

Thanks in Anticipation

07 January 2014 it is not necessary that every single point is to be defined in the law, the law give the principle of taxing any transection and not case wise or transection wise.. in that case, we follow the trade parlance...


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