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Payment of service tax on reversed charge method -Reg, Service Tax |
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Payment of service tax on reversed charge method -Reg |
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As per the query raised by the Excise Auditor. we are paying service tax on reverse charged method on service catagory "Banking and other financial service" and availing credit to avoid any litigation with Department. As per our knowledge the applicability of service tax on Bank charges (Remittance amount) w.e.f. 16.05.2008 and we have to pay service tax with interest w.e.f. 16.05.2008. Kindly confirm. Regards, VINAY
Posts / Replies Showing Replies 1 to 1 of 1 Records Page: 1
Yes, you have to pay service tax along with Interest (as applicable) w.e.f. 16.05.2008. Page: 1 Old Query - New Comments are closed. |
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