Service Tax on Expenses Incurred By Foreign Holding Company and Recovered from Subsidiary Company in India
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....ervice Tax on Expenses Incurred By Foreign Holding Company and Recovered from Subsidiary Company in India<br> Query (Issue) Started By: - HImanshu Singh Dated:- 1-5-2017 Last Reply Date:- 2-5-2017 Ser....
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....vice Tax<br>Got 1 Reply<br>Service Tax<br>There is a subsidiary in India and its foreign holding company located in UK. Now subsidiary is incurring different cost for holding company such as - ERP Sof....
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....tware development done by foreign Company - buying air tickets for the holding company personnel travelling to India for the project of holding company. - Incurring legal expenses for the holding comp....
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....any - incurring advertisement expenses for the holding company In all the above expenses there is no profit margin in reimbursement invoice raised. Subsidiary Company is Just Paying its Share on th....
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....e Expenses and Booking those Expenses in PL What is the Liability of Service Tax on Such Expenses incurred by Foreign Company. Reply By Ganeshan Kalyani: The Reply: In my view service tax is applic....
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