29 November 2013
Different companies of the same group are different entities under the Finance Act.
There is a system of transfer of credit from different branches of the same company vide the concept of input service distributor but not for different companies say A ltd and B ltd belonging to a group cannot transfer credits between them
29 November 2013
Different companies of the same group are different entities under the Finance Act.
There is a system of transfer of credit from different branches of the same company vide the concept of input service distributor but not for different companies, say A ltd and B ltd belonging to a group, cannot transfer credits between them