Service tax input credit on bank charges


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Querist : Anonymous

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Querist : Anonymous (Querist)
30 May 2012 Dear Sir,

Can we avail cenvet credit in respect of service tax paid on bank charges...


Thanks in advance....

Lekh Sood (Expert)
30 May 2012 Yes , as per definition of input service under Cenvat Credit Rules,2004.

Dayal (Expert)
31 May 2012 Yes the same is eligible

31 May 2012 dayal sir

banks usually don't issue invoices..
so what are the documents to support such credit ?

Lekh Sood (Expert)
31 May 2012 Bank advice usually show the break up charges and service tax.
Or you can take the details from bank separately showing the charges and service tax paid which is duly certified by the bank.

31 May 2012 thanks lekh


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