Payment of service tax on reversed charge method -Reg

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..... Payment of service tax on reversed charge method -Reg
Query (Issue) Started By: - vinay wakde Dated:- 22-3-2012 Last Reply Date:- 22-3-2012 Service Tax
Got 1 Reply
Service Tax
As per the .....

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..... 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 Depar .....

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..... tment. 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. Re .....

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..... gards, VINAY Reply By Pradeep Khatri: The Reply: Yes, you have to pay service tax along with Interest (as applicable) w.e.f. 16.05.2008.
Discussion Forum - Knowledge Sharing .....

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