Input credit on bank charges

This query is : Resolved 

31 August 2011
Dear Sir,

1) Can Pvt Ltd. Co. can claim the Service Tax input on bank charges debited by Nationalized Or Pvt Bank & on that Bank also debited the service Tax amount on that.
2) If Yes then which types of organization can claim this input

3) If no then why can not any organization can not claim this Service tax input

31 August 2011 1. Yes Pvt. Co. can claim service tax credit on bank charges.

2.All the organisatino eligible to get cenvat credit can claim it.


01 September 2011 Sir

Thanks you Can You Tell Me under What Section of Service Tax Can company claim the input ,
Please provide me any document for the same


01 September 2011 Read CCR 2004, rule 3

eligible input services must be direlty related or consumed in taxable output services/ taxable exisable goods



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