Dear members,
The bank is charging service tax on Processing fees and other related services.
I want to know that can we take the benefit of the Service Tax paid,i.e., Input Tax credit of ST.
Thanx in advance.
Menu
Service Tax charged by Banks
Replies (5)
Yes, You can take cenvat credit on service tax charged by bank.
Yes, you can availed Cenvat credit, if you utilised such banking services for providing out put services.
yes we can take.
YES U CAN...
Dear All Experts,
I am also agree that we can cake CENVAT credit against Bank charges. But bank are not issued any Invoice for collecting Service Tax. They are issuing a Note only. Now it is my doubt can we take CENVAT credit against that Memo. If yes kindly let me know the notification No related to the matter.
Thanks and regards,
R
Recent Topics :
- TDS on Property Purchase Paid
- Cash Purchase Above ₹10,000, ITR/40A(3) Trea
- TDS on dividend to non resident shareholders
- Best CA Inter classes in Laxmi Nagar for Group 1?
- Gst refund
- Compliance under Society Act 1860
- Hi experts need help
- How to object stamp duty value if property is sold
- Residential House property and it's loan can shown
- Income Tax Department Website Error While Importin
Related Topics :
CAclubindia
