Liability of Service Tax
This query is : Resolved
Hari Shankar Tiwari
(Querist)
01 April 2008
If a holding company provides the service to its 100% subsidiary company what would be service tax liability in the following situation:
i) provide the service without any consideration.
ii) provide the service on cost basis
iii) provice the service on cost+mark up thereon.
i) provide the service without any consideration.
ii) provide the service on cost basis
iii) provice the service on cost+mark up thereon.
01 April 2008
1 no service tax
2 service tax is payable.
3 service tax is payable.
2 service tax is payable.
3 service tax is payable.
CA Praveen Chopra
(Expert)
02 April 2008
In service tax there is no exemption to holding-subsidiary relationship.
1.no service tax if no consideration
2 service tax is payable on whatever you charge
3 service tax is payable on whatever you charge
1.no service tax if no consideration
2 service tax is payable on whatever you charge
3 service tax is payable on whatever you charge
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Accounting treatment of AMC alongwith the purchase of Laptop
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Issuing of delivery challan by seller of goods
- Taxation of crypto futures in India Fy 2026- 2027
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- EPF ECR NEW RULES Sep 17th 2026
- Transfer of Physical Stock Between Two Proprietorship Concerns
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
