Liability of Service Tax

This query is : Resolved 

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.

01 April 2008 1 no service tax
2 service tax is payable.
3 service tax is payable.

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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