01 August 2012
My Client is a WOS of foreign company recently set up in India. Foreign company has made payment of certain expenses like ( Lawyers fees, Professional Fees ) from their country and debited this expenses to Indian WOS by way of inter company transactions.
My Querry:
1. What is the service tax implications for Indian WOS with regard to having received debits from parent / holding company?
01 August 2012
This will be the responsibility of that service provider. Ensure the bill is raised by those respective service providers to the parent company directly.