Rediff.com |  Feedback  
You are here: » Rediff Home » Discussion Boards » Permalink
  
View : Single Message | Complete Thread | Read complete Discussion
Fuel surcharge in credit card
by bal sahni on Nov 25, 2007 09:35 PM

I am using credit card to fill petrol, the bank credit backs the amt of fuel surcharge in the statement, however the service tax charged on the fuel surcharge is not reversed, this small amount adds upto 50-60 rs. a months i.e. 700 rs. p.a. whis is even higher than the annual fee waived by the bank, does anyone noticed this thing..
actually bank has to reverse service tax also as they dont need to pay service tax to govt. in this case.

    Forward  |  Report abuse
The above message is part of the Discussion Board:
Paying transaction fees on your card?