Sarath S
asked over 2 years ago
Hello, I am a CA Intermediate | CA IPCC student from Bangalore. I want to know whether if I will be charged for my fixed deposits,savings and current accounts. Sarath
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2 Answers
HIMANSHU
answered over 2 years ago
hie 1.Interest received from bank ----NO GST 2.Service charges and fee charged by bank ----GST at 6%. These include encashment fees, ATM withdrawal fees, clearing of cheques, cancellation of cheques,stop payment request for cheques ,etc.
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