can anybody pls suggest if service tax is applicable in case of man power supply by Holding Company to its Subsidiary/sister/ Group Company?
Daxa manek (CA) (108 Points)
06 August 2012can anybody pls suggest if service tax is applicable in case of man power supply by Holding Company to its Subsidiary/sister/ Group Company?
Dipjyoti Majumdar
(CA in service & CS. dipmaj@ rediffmail.com )
(3468 Points)
Replied 06 August 2012
Look, in order to invoke partial reverse charge mechanism, the service provider has to be individual or HUF or Firm or AOP. If it is a Company, then reverse mechanism , as per Notification 30/2012 dated 20/6/12 is not applicable.
If your question borders on normal service tax levy, then there is no exemption for rendition of man power supply service from Holding to Subsidiary company..
Regards,
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
CAclubindia
