Profit-Sharing Agreement Not Taxable as Franchise Service; No Service Tax Due on Loss Situations.

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Full Text of the Document

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....Franchise Service or not - sharing of profit - the agreement between the appellant and the licensee/dealer is in nature of share of profit in the ratio of 25% and 75% and in cases where there is a loss, the appellant does not received any amount towards the activity - not taxable under the category of ‘Franchise Service’....