Service tax charge by bank on proceesing loan fees for working capital ..aur loan taken for capital goods...whether allows as to book cenvat credit??????????/
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Service tax charge on bank processing loan
Replies (2)
Yep u can claim cenvat on the ST paid to the bank on any service charges
However other way u can also debit entire amount of charges including ST as finance charges in pl acc as service tax number is of bank as a whole ie. centrally
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