Service tax charged by bank on inward remittance

Dipjyoti Majumdar (CA in service & CS. dipmaj@ rediffmail.com )   (3468 Points)

08 July 2011  

Friends

We provided export service to our foreign client. On receipt of inward remittances through banking channels, our banker has charged service tax.

Can cenvat credit be claimed on this service tax we paid. The banker has taxable category of service under : Banking & other financial services.

please advise