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Service tax
We are an Indian subsidiary Pvt Ltd company .Our Parent/Holding company is based in India. Our Parent Co desires to charge Management Consultancy Fee towards imparting knowledge etc. Can the Parent Co do So ? If yes then what will be the tax implication on the Subsidiary company (us). Please advise
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| Originally posted by : AKSHAY JAIN | ||
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AS far as I know, if both of the offices are situated in India then services tax will not be applicable but if one office is in India and other office is in non-taxable territory( foreign) then services tax will be applicable as service provided will be treated as service provided by one person to another
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