Service Tax Liability on ECB Loan Gurantee Fee paid to Parient company

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Service Tax Liability on ECB Loan Gurantee Fee paid to Parient company

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....ervice Tax Liability on ECB Loan Gurantee Fee paid to Parient company Query (Issue) Started By: - MITSUI PRIME Dated:- 2-4-2013 Last Reply Date:- 3-4-2013 Service Tax Got 1 Reply Service Tax....

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.... Dear Sir, We have taken loan from Japan for set up Manufacturing unit in India, Load provider is Co-operation society, Japan and our Parient Company provided Loan guarantee to co-operation Societ....

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....y, on Indian company Behalf, and Indian company paid Loan guarantee Commission to Parent company , Japan, in this case subsidiary company i.e. Indian company liable for service tax . Please provide y....

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....our valuable advice. Regards Arjun Sachdeva Reply By Pradeep Khatri: The Reply: Yes, it is payable under Reverse Charge Mechanism w.e.f. 01-07-2012 and up-to 30-06-2012 Section 66A was applicable....

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Service Tax Liability on ECB Loan Gurantee Fee paid to Parient company