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IS SERVICE TAX APPLICABLE ON INTEREST ON DEALYED PAYMENT
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| RAJIV VERMA (Posted: Nov 1, 2008) |
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Thanks a lot for the wonderful article.
Please give more details with examples on cash withdrawals done from credit card ATM.
Have a nice time!
Take care!
-Rahul
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| Rahul Raut (Posted: Oct 13, 2008) |
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Hi the article is very informative thanks for the article
I have a small question for u
about service tax on credit cards,
is it charged on the outsatnding amount or on all the transaction that we make on the card?
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| Giri vardhan (Posted: Oct 1, 2008) |
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Pl clarify me one thing, say I have credit limit of Rs10000/- and Ihave outstanding say 10500/- ,will your system allow to swipe the card before paying the minimum balance amount?
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| PARTHA SEN (Posted: Jun 27, 2008) |
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Thank you very much.
It has been very useful to me.
But, will you please clarify the following things.
If outstanding amount of Rs. 20000 was not paid on 18th November, then it should attract a late payment of Rs. 600 (as per the card), which you have not taken into amount. So, the amount to be considered should have been 20600 and not Rs. 20000.
But still, thanks a lot, as prior to this, I was totally confused about credit card bill calculation.
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| Vinayak R. Naik (Posted: Jun 13, 2008) |
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Nice Article. It really help me to understand the Intrest calculatoin, due date and grace period.
Thanks a lot.
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| Javed Akhtar (Posted: Apr 3, 2008) |
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