04 September 2007
If you see Accounting treatment then AS 9 says , no actual profit is realizing between branches or units because ultimately it will set off during the consolidation of accounts, But as far as service tax concern having different service tax no. in my opinion service tax should be provisioning.
04 September 2007
It is transfer from left pocket to right pocket . It is notional and no actual rent is being paid . Owner is paying to the owner . Therfore , in my opinion no service tax is payable .
04 September 2007
service tax provisions are attracted when there are two parties. one can't give service to oneself. so service tax provisions are not attracted here
But in case of import of services from foreign, service tax is applicable even in case the services are obtained from division/s situated outside india by the comapany situated in india.
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