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    <title>Service tax applicability on debit notes</title>
    <link>https://www.taxtmi.com/forum/issue?id=665</link>
    <description>One view is that mere internal cost-sharing does not create a taxable service, subject to meeting valuation and allocation conditions; an alternative view is that intercompany sharing of an employee&#039;s salary and related costs may require the paying company to deduct Tax Deduction at Source on debit note payments and require the issuer to charge and pay Service Tax under valuation rules on the reimbursements.</description>
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      <title>Service tax applicability on debit notes</title>
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      <description>One view is that mere internal cost-sharing does not create a taxable service, subject to meeting valuation and allocation conditions; an alternative view is that intercompany sharing of an employee&#039;s salary and related costs may require the paying company to deduct Tax Deduction at Source on debit note payments and require the issuer to charge and pay Service Tax under valuation rules on the reimbursements.</description>
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