Examples of fees and services not subject to GST include: Fees incurred for the operations of current, deposit or savings account Remittance and money transfers – issuance of bank drafts, cheques, money order, direct debits, GIRO/ Standing instructions, transfers between accounts Interest on loans...
Bank account statement/cancelled cheque Authorisation letter/board resolution for authorised signatory Digital signature Read More: Documents Required for GST Registration GST Registration Fees As per GST law, no fees is required for obtaining GST registration through GST portal independently. That means yo...
Fees Specifies the fees. Fees Account No. Specifies the fees account number. Others Specifies the amount for any other charges. Others Account No. Specifies the account number for other charges. Account Type Specifies the account type of account defined for the payment, e.g. G/L, Bank. ...
How will SCB provide me with a Tax Invoice for GST on fees and charges imposed by SCB? Tax invoices will be provided to our customers either in hard copy or electronically. Customers� bank statements will not be modified into tax invoices. Some GST charged on taxable charges will be sh...
For example, you make payment to vendors, and you must also pay bank fees to banks. Per Malaysia GST regulations, GST will be applied to the bank charge. The bank will provide a GST invoice to you, and you can claim the GST input tax. The tax authority will expect to see that...
Get GST registration online service with Enterslice: Learn about documents needed, limits, fees, process, and penalties.
applicable on loan processing charges Generally, a personal loan processing fee ranges from 2-3%, while Standard Chartered Bank charges up to 2.25%. You can get a loan amount up to Rs 30 lakh at attractive interest rates and get up to 50% discount on processing fees foronline applications...
For payments made over-the-counter at a bank, you have up to 15 days to complete the payment. GST Payment Due Dates for Different Taxpayers The due date for GST payment is crucial for maintaining compliance and avoiding late fees or penalties. Generally, the GST payment due date is tied ...
Bank account details Address proof of principal place of business. Note: The documents required may vary based on the type of Business registered for GST. For more information get on call with our experts. They will help you with the tailor made information. Process of Registering GST in Jam...
9. Collect ITC on Bank charges Bank charges like processing fees and unit inspection charges also need to be claimed timely. Cash Credit accounts with banks have to pay ‘processing charges’ for renewal of C/C limits and also have to pay unit inspection charges which are directly debited...