SERVICE TAX ON PROCEESSING FESS BY FOREIGN BANK

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..... R/sir, We have applied Term Loan from Foreign Bank Branch located at Japan Processing fess for term loan paid in Foreign Currency 10000 US DOLLAR . Is Service Tax Liability on this Proc .....

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..... essing fess on Indian Company ? if Yes please brief . Advance thank for valuable reply . Thanks and Regards, SNEHAL SHAH - Reply By Pradeep Khatri - The Reply = Yes, you are liab .....

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..... le to pay the service tax under Reverse charge mechanism read with Place of provisions of services Rules. Further, you may avail the CENVAT credit on the strength of the GAR-7 Challan. - Reply By sa .....

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..... njeev bajaj - The Reply = Yes, it is service as the processing fee is not covered in negative list. Agreed as it is payable on reverse charge mechanism. (Sanjeev Bajaj) - SERVICE TAX ON PROC .....

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..... EESSING FESS BY FOREIGN BANK - Query Started By: - SNEHAL SHAH Dated:- 24-1-2013 Service Tax - Got 2 Replies - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal o .....

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..... pinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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