Service tax credit on bank charges

1042 views 3 replies

Dear all,

We are  manufacturer, and goods cleared under excise and we have also avail credit of service tax. In concern of service tax  Bank have charge Processing fees and service tax is also apply on this charges. In this case we have input credit on such service tax on this advice. (Bank is not mention his Service tax no in bank advice)

Thanks

Replies (3)

 

YOU CAN CLAIM CENVAT CREDIT FROM EXCISE OUTPUT PAYMENTS

.

Please take a certifcate at the end of each quarter of the servic etax paid from the bank. They may have this report available. If not ask them to issue a certificate on their letter head with the ST registration number.,

Originally posted by : Madhukar N Hiregange
Please take a certifcate at the end of each quarter of the servic etax paid from the bank. They may have this report available. If not ask them to issue a certificate on their letter head with the ST registration number.,

Respected sir,

Thank for your replay but i have small confusion about that,

If the bank will provide his S.tax no, so we taken credit under heading of "INPUT SERVICE TAX CREDIT" and it was input service or output service.??

Thanks again,

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 30 June 2026
Article Assistant or Paid Assistant

VIKAS VERMA & CO

New Delhi

Others

View Details
Company
06 July 2026
Accountant

Agarwal Anoop and Associates

Noida

CA Final

View Details
Company
ARTICLESHIP 23 July 2026
Article

Gianender & Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 27 June 2026
CA Articled Trainee And Paid Assistant

SKAA & Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 16 July 2026
CA Article

Pipara & Co. LLP.

Mumbai

CA Inter

View Details
Company
20 July 2026
Senior GST Executive

Chandak Agarwal & Co

Mumbai

Graduate (Any)

View Details
Company
13 July 2026
AVP / VP - PCG Advisory

Workforce Connect

Mumbai

MBA

View Details
Company
11 July 2026
CA semi qualified

Vakilsearch.com

Chennai

CA Inter

View Details