https://www.taxtmi.com/forum/issue?id=110238 Whether transfers from a subsidiary to its holding company attract service tax turns on whether the payments constitute consideration for a service between distinct entities. One position treats holding and subsidiary as distinct entities making receipts taxable if they are consideration for services; the contrasting position maintains that mere monetary transfers, absent a service, fall outside the definition of service. A factual analysis of the nature and purpose of the transfer is necessary to determine service tax liability. en-us Mon, 25 Apr 2016 15:00:54 +0530 Thu, 23 Jan 2025 15:56:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=110238 Whether transfers from a subsidiary to its holding company attract service tax turns on whether the payments constitute consideration for a service between distinct entities. One position treats holding and subsidiary as distinct entities making receipts taxable if they are consideration for services; the contrasting position maintains that mere monetary transfers, absent a service, fall outside the definition of service. A factual analysis of the nature and purpose of the transfer is necessary to determine service tax liability. Discussion-Forum Service Tax Mon, 25 Apr 2016 15:00:54 +0530 https://www.taxtmi.com/forum/issue?id=110238