Some times bank charges the service tax on some of its transactions. Can a manufacturing unit avail the credit of service tax on bank charges?
S.Srinivasaraghavan
(Chief Financial Officer and Co)
(11318 Points)
Replied 24 October 2008
I think they may not be able to in the absence of the link between input and such services.
Analysis of 20 GST Notices (including 2 Appeals) and Practise on Drafting(with recording)
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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