13 August 2008
Whether Service tax is applicable on Debit Notes raised on Group Companies for Expenses Sharing (for eg. Travel,telephone,Rent etc.,). We are not providing any taxable service to these companies. If yes, which section deals with it.
13 August 2008
If there is no service provided no Service tax. Mere expense sharing backed by adequate supporting evidence will not make one liable for Service tax.
CAclubindia
