Tuesday, November 15, 2016

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