Inter company
This query is : Resolved
CA Jithesh C
(Querist)
02 April 2010
Dear Experts,
There are 3 companies under the same management. One company is bearing common expenses and later on raising debit note to other companies. Should we pay service tax while cross charging these expenses?
Thanks.
There are 3 companies under the same management. One company is bearing common expenses and later on raising debit note to other companies. Should we pay service tax while cross charging these expenses?
Thanks.
Madhukar N Hiregange
(Expert)
02 April 2010
No clarity on this judically. It maybe prefereable to charge each other ST under BSS. If no credit available to the other then maybe preferable to pay under protest.
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