Payment made to foreign holding Co. for Trademark and business support services is taxable under reverse charge
Authority for Advance Rulings, New Delhi held
that payments to foreign holding company
towards : (a) trademark and license fee for using
trademark/brand of foreign holding company; and (b) Sales and Business Support fee for services
in relation to Business Planning, strategies,
operational & administrative support etc., are liable
to service tax in hands of Indian subsidiary under
reverse charge.
0 comments:
Post a Comment