https://www.taxtmi.com/forum/issue?id=1957 Credit card and banking services may be taxable, but rules exclude plain interest charged on loans from the taxable value; therefore interest or finance charges that constitute lending costs should not be included in service tax valuation, whereas administrative fees, commissions and other service charges for providing card services remain taxable. en-us Mon, 31 May 2010 18:46:29 +0530 Thu, 23 Jan 2025 15:58:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=1957 Credit card and banking services may be taxable, but rules exclude plain interest charged on loans from the taxable value; therefore interest or finance charges that constitute lending costs should not be included in service tax valuation, whereas administrative fees, commissions and other service charges for providing card services remain taxable. Discussion-Forum Service Tax Mon, 31 May 2010 18:46:29 +0530 https://www.taxtmi.com/forum/issue?id=1957