I am a Non-banking finance companies rendering loans.
Whether service tax will be levied on Processing Fee / Adminstrative Charges / any other charges or it will be levied on charges + interest also.
Dinessh Kumar (Articled Asst.,) (193 Points)
28 April 2008I am a Non-banking finance companies rendering loans.
Whether service tax will be levied on Processing Fee / Adminstrative Charges / any other charges or it will be levied on charges + interest also.
Sathyanarayana.B
(Senior Executive- Finance)
(49 Points)
Replied 28 April 2008
service tax will be charged on commission, processing fee, service charges etc. except interest.