Service tax on bank charges on import payment


This query is : Resolved 

(Querist)
19 January 2014 when we make import payment, the bank take bank charges and service tax . i want to ask whether we can take credit of service tax on import bank charges.

CA bhargava (Expert)
19 January 2014 though you pay for the transaction of import payment., the bank charges the service tax for the service charges it is providing., you can take the credit of the service tax paid for the charges


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