TMI BlogSERVICE TAX CREDIT ON BANK COMMISSIONX X X X Extracts X X X X X X X X Extracts X X X X ..... Can we take service tax credit on bank commission charged by bank for collection of sale proceeds of export goods. This is in view of defination of input services where bank commission is not specific ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ally mentioned nor services used in business activity is mentioned. - Reply By SHIVKUMAR SHARMA - The Reply = Yes,You can take ITC on GST paid for Bank commission Charges. - Reply By Ganeshan Kaly ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ani - The Reply = Bank charges is an expense in normal course of business. As it is in course or furtherance of business the input tax credit of the tax paid on bank charges is eligible. Thanks. - R ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eply By DR.MARIAPPAN GOVINDARAJAN - The Reply = You can avail input tax credit. - SERVICE TAX CREDIT ON BANK COMMISSION - Query Started By: - HEMANT KAPADIA Dated:- 31-7-2018 Service Tax - Got 3 Re ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... plies - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTM ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... I - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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