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Service Tax on Interest on Credit Card Payments.

This query is : Resolved 
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(Querist)
08 August 2008 I have a query regarding applicability of Service Tax on interest paid on credit card payments.If applicable, is the person paying the same will be elgible for CENVAT Credit.
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S.Srinivasaraghavan

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S.Srinivasaraghavan (Expert)
08 August 2008 ST is charged. No Cenvat, because it is not related to any input service.

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