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Case law or Advance rulling
Is there any advance rulling or case law related to gst to be levied in case brand expenditure incurred by Subsidiary co in India on behalf of holding co. Expenditure is booked in books of subsidiary co but same is not cross charged back to Holding co
Replies (1)
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If you act as a "pure agent": You are likely exempt from GST on the specific reimbursement of actual costs.
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If you do not meet "pure agent" criteria: The transaction is likely a taxable supply of service, and you should ideally cross-charge the holding company (with GST) to regularize the transaction and allow the holding company to take the credit.
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