Branches and Head Offices Not Separate for Service Tax; Fund Transfers Deemed Reimbursements Under Finance Act, 1994.

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....Import of services - are branches and head offices separate entities so as to attract service tax on outflow by head office to branches? - The transfer of funds by gross outflow or by netted inflow is nothing but reimbursements and taxing of such reimbursement would amount to taxing of transfer of funds which is not contemplated by Finance Act, 1994 - AT....