Dear friends,
is service tax applicable on project development expenditure reimbursed (cost of managerial support)to joint venture overseas partner. if applicable under which service head it will be determined
kindly clarify
p.rajee (gm(f)) (25 Points)
27 June 2011Dear friends,
is service tax applicable on project development expenditure reimbursed (cost of managerial support)to joint venture overseas partner. if applicable under which service head it will be determined
kindly clarify
U S Sharma
(glidor@gmail.com)
(21056 Points)
Replied 27 June 2011
nature of service provided is required for service tax liability, joint venture funding is not a service.
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