Service tax Liable to Subsidiry compnay

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ervice tax Liable to Subsidiry compnay<br> Query (Issue) Started By: - MITSUI PRIME Dated:- 10-1-2012 Last Reply Date:- 18-1-2012 Service Tax<br>Got 2 Replies<br>Service Tax<br>Dear Sir, We would like to inform u our pariental compnay of MCI, Japan ( Mitsui Chemicals Inc. , Japan ) issue some Invocie being related to salary, and other to Mitsui Prime Advancded Composit India Pvt Ltd, India,( its ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....a subsidiray compnay of MCI, japan,a unit of MCI, japan and total capital invested by MCI ) and Mitsui Prime advancded paid 10% of bill in india and 90% trnafer to MCI Japan , and MCI japan , salary transfer to empolyee's Bank Account without any charges who are working in India, so please advoice me we will liable to pay service tax or not Regards Arjun Sachdeva Cell No. 9928158547 Reply B....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....y NEERAJ KUMAR, RANCHI: The Reply: Hello, It all depends on what services you are receiving from your indiian subsidiary, if your payments are against some services received from your subsidiary, then it may attract servicice tax depending on the nature of services provided, so unless the full details are provided, it is really hard to comment. Reply By MITSUI PRIME: The Reply: Dear Sir, All ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Japanies employees of MCI, Japan working in MItsui Prime Advance , India. as a head of the department just like that GM Plant , GM Finance, GM Sales & Marketing, GM Engineering, and MCI Genrated Salary Bill to AcI, India so we will liable to pay service tax on bill or not , 10% of Bill Amount paid by ACI, India to Japanes Head for Expenses basis and 90% Amount transfer to MCI, Japan and MCI Japan ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....tranfer to his bank a/c without any charge so, Pl. advoce me that service tax liablity applicable or not<br> Discussion Forum - Knowledge Sharing ....