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Service Tax

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(Querist)
11 October 2008 Can a bank charge service tax on late payment fees of credt card...??

pls rply soon.....
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
11 October 2008 PL DO NOT REPEAT. ALREADY ANSWERED.
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CMA Gul S

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CMA Gul S (Expert)
11 October 2008 Yes the Bank can charge service tax on the late fees
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CA RAMESH KUMAR AHUJA

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CA RAMESH KUMAR AHUJA (Expert)
11 October 2008 Yes, it is chargeable

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