01 April 2008
If a holding company provides the service to its 100% subsidiary company what would be service tax liability in the following situation: i) provide the service without any consideration. ii) provide the service on cost basis iii) provice the service on cost+mark up thereon.
02 April 2008
In service tax there is no exemption to holding-subsidiary relationship. 1.no service tax if no consideration 2 service tax is payable on whatever you charge 3 service tax is payable on whatever you charge
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