Applicability of service tax

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28 Points Joined May 2013

Dear Experts,

Please guide on Applicability of Service Tax

Indian Bank charges some charges for remitting funds received mistakenly to the corresponding bank located in Non taxable territory.

Is Indian liable to pay Service Tax under RCM?

Can They take Credit of Same.

Awaiting for your guidance.

Regards,

Pankaj 

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On 09 September 2014 at 18:42 Report
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58 Points Joined September 2014

Dear Pankaj,

Please elaborate the transaction and mention from whose point of view the applicability is to be looked into, whether the Indian Bank or the person transferring the funds.

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On 09 September 2014 at 20:16


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