Service Tax on Import of Service

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Shrinivas (Querist)
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29 May 2008 Is it necessary to pay service tax on Management fees of Holding Co. which is in USA and fellow subsidiary which is in UK. and also on Technical fees of Fellow subsidiary.

They have raised the bill of Management fee and Technical fee and paid in Forex.

How the service tax treatment be given.

Kalpesh

Kalpesh (Expert)
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29 May 2008 tax would be payable on reverse charge basis

Vijay Chitte

Vijay Chitte (Expert)
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29 May 2008 In your case, if the service availed and consumed outside india, As per section 66A there is no service tax liability arise in india, only services received in india are taxable.

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