I have one query
Company A is holding of B and C.
Compnay B import form Compnay A, and Transfer to C on Cost+5% profit.
and Also provide service to Existing Consumer for there product which is under warranty and out of Warranty ( Take e.g Mobile Phone)
When product of customer repair under warranty or without warranty that cover by Company B.
Compnay 'B' will take reimburhsment of All Expenses incurred to run this business in India form 'A' (H.O) with incentive of 10% Profit.
Copmany C will look only for sale ,after sales serivce like warranty will be cover by Copmany B for All product Sale by 'C'.
Following is Query?
Can Compnay B Claim fulll IGST on import or Partial Claim?
Can Compnay should charge same price to 'A' which it charge to there consumer for product replacment.
Can Some Portion of IGST will be sahre to Company'C'.
Kindly give your valuable reply with reference ot section, rule or any Notification or other supporitng
My email id maurya6943 @ gmail.com
CAclubindia
