Hi to all,
A Bank charges Service Tax on various charges charged by them (Eg. : Cheque Bouncing Charges,Charges relating to Inward Remmitances and others)...In monthly Bank Statement, Charges are shown inclusive of Service tax.......
My query is would Service Tax credit be available on the basis of Bank Statements since they are not shown separately in it......If it wont be available in such scenario, then what in your opinion should Company ask Bank to do to let Company avail the credit benefit ???
Thanks in advance
CAclubindia
