Can any bank charge Service tax or GST on interest amount on Loan given by the bank?
Menu
Gst or service tax on interest earned by banks.
Replies (1)
no, banks can charge 18% GST on loan processing charges, cash deposit charges , annual atm charges, SMS charges, valuation fees and other charges
Recent Topics :
- Belated Return where Form 10IEA filed this year to
- GST Reconciliation Tool (2A vs Books) - looking fo
- TDS ON PF FORM 19 WITHDRAWAL
- Can a virtual office in Mumbai be used for company
- Eway and e invoicing in condition where 4 party ar
- Bank balance in ITR-3
- INCLUDING PROFITS FROM REIT / INVIT IN SHARE TRADI
- Tempsens Instruments IPO GMP Allotment Listing dat
- Upload Type - Correction. Not showing in TDS filli
- Partnership tax audit query
Related Topics :
CAclubindia
