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Franchise Services: 33% Advertising Fee Exclusion for Master Licensee Still Subject to Service Tax.

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Full Text of the Document

X X   X X   Extracts   X X   X X

....Valuation - Franchise services - By merely mentioning that for master licensee 33% of all the fees collected shall exclude advertising fee does not takes that amount out of the tax net of the amount received from franchisees for providing them the ‘Franchise Service’.....

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