Whether service tax is applicable on bank commission


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Querist : Anonymous (Querist)
26 July 2013 Co-op Banks provides service to the Maharashtra State Electricity Distribution Company Limited in the form of accepting electricity bills from consumers on the basic of commission and bank demanded service tax on said commission so, whether service tax is applicable on such transaction or not. if applicable then please suggest who will responsible for payment of service tax liability.

please suggest.

Rupesh Jain (Expert)
26 July 2013 bank will pay service tax and he charge in his bill to maharastra electricity bil


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