I am a Non-banking finance companies rendering loans.
Whether service tax will be levied on Processing Fee / Adminstrative Charges / any other charges or it will be levied on charges + interest also.
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Service Tax on Banking / Non-banking finance companies
Replies (2)
service tax will be charged on commission, processing fee, service charges etc. except interest.
i am the manager of the bank. we want to start a N.B.F.C. So we request that explain how to start that n what d rules n regulaisations.
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