Whether service tax is applicable for the Services Exported by a subsidiary company to its foreign holding company????????????
vidhya venkat (student ) (29 Points)
10 January 2009Whether service tax is applicable for the Services Exported by a subsidiary company to its foreign holding company????????????
Rajesh Kumar
(Advocate- Tax)
(7806 Points)
Replied 10 January 2009
If the services are exported, no service tax is payable. It is immaterial as to whom it is exported- there is no issue even if it is exported to the foreign holding company, as lon as the transaction is on principal to principal basis.
Analysis of 20 GST Notices (including 2 Appeals) and Practise on Drafting(with recording)
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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