Service tax charge on bank processing loan

Service tax charge by bank on proceesing loan fees for working capital ..aur loan taken for capital goods...whether allows as to book cenvat credit??????????/
 

Replies (2)
Yep u can claim cenvat on the ST paid to the bank on any service charges
However other way u can also debit entire amount of charges including ST as finance charges in pl acc as service tax number is of bank as a whole ie. centrally

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