Cenvat credit of Service Tax against Bank Commission, Service Tax

[Samik Chaudhuri]

Can we(manufacturing unit) avail Cenvat credit of Service Tax against Bank Commission for buying the material from out side India.

Posts / Replies

[MARIAPPAN GOVINDARAJAN]

If the commission is paid in India you can avail CENVAT credit.

[Naveed S]

Yes sir, you can surely avail credit for the service tax paid against bank commission for purchase of material from outside India.

[PAWAN KUMAR]

Dear Sir,

The cenvat can be claimed of service tax paid on commission charged by the Banks.