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Joint Venture

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(Querist)
31 August 2007 A construction company is outsourcing the job of marketing and sales promotion to another firm. In this case the construction company has to pay Service Tax. What is the service tax applicability, if the Construction Company and Firm make a joint venture for marketing and sale promotion?
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Shyam Lal Naik

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Shyam Lal Naik (Expert)
29 September 2007 The joint venture will be treated as a separate entity and will be liable to collect and pay service tax.

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