Please Help: Postage & Telegram Charges
Posted Date : 15-May-2013 , 11:31:24 am | Posted By UTSAV MEHTA
Whether bank has to pay service tax on Postage & Courier Charges collected by them for outward collections?
Please reply at the earliest
Please reply at the earliest
Category : Service Tax | Answers : 0 | Comments : 1 | Hits : 484
Answers
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HEMANT TARTE
19-May-2013 , 12:47:35 pmI THINK YES. CHECK UP WITH YOUR BANK. IF YOUR IS PAYING, YOU CAN CLAIM SERVICE TAX CREDIT - CENVAT. HOWEVER, IT MAY DEPEND ACTUAL POLICY OF BANK, SOME BANKS CHARGES INTERNALLY WITH REVERSE WORKING, IN THAT CASE WE HAVE TO REVERSE WORKING TO KNOW SERVICE TAX LEVIED. BETTER TO CHECK & CONFM WITH BANK.