Profit-Sharing Agreement Not Taxable as Franchise Service; No Service Tax Due on Loss Situations.

Profit-Sharing Agreement Not Taxable as Franchise Service; No Service Tax Due on Loss Situations. https://www.taxtmi.com/highlights?id=48030 Franchise Service or not - sharing of profit - the agreement between the appellant and the licensee/dealer is in nature of share of profit in the ratio of 25% and 75% and in cases where there is a loss, the appellant does not received any amount towards the activity - not taxable under the category of ‘Franchise Service’ en-us Thu, 18 Jul 2019 11:46:28 +0530 Thu, 18 Jul 2019 11:46:28 +0530 TaxTMI RSS Generator Profit-Sharing Agreement Not Taxable as Franchise Service; No Service Tax Due on Loss Situations. https://www.taxtmi.com/highlights?id=48030 Franchise Service or not - sharing of profit - the agreement between the appellant and the licensee/dealer is in nature of share of profit in the ratio of 25% and 75% and in cases where there is a loss, the appellant does not received any amount towards the activity - not taxable under the category of ‘Franchise Service’ Highlights Service Tax Thu, 18 Jul 2019 11:46:28 +0530 https://www.taxtmi.com/highlights?id=48030