is service tax liable on royality paid outside
This query is : Resolved
11 February 2010
we are a mnc unit and we are paying royalty and management counsultancy charges to our parent unit based in forign are we liable to pay service tax on it
11 February 2010
Yes. Service Tax is payable under reverse charge method (Section 66A).
The tax paid will be available as credit if it is an input service to you.
The tax paid will be available as credit if it is an input service to you.
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