EASYOFFICE
EASYOFFICE
EASYOFFICE

Service Tax on Bank int.(credit card)

This query is : Resolved 
Profile Image

Profile Image

(Querist)
09 December 2010 Dear Sir

A person has taken loan from Credit card.

Bank is charging int. every month.

On int. they are charging Service Tax @ 10.3%

Bank has to charge ser.tax on service charges only.

Than why they are charging on int. components?

Thx
Anwar
07798449786
Profile Image

Madhukar N Hiregange

Profile Image

Madhukar N Hiregange (Expert)
12 December 2010 you should ask them. Maybe as a measure of abundant caution. ST on interest specially excluded

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


EasyOFFICE CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links