Company in which I am working is
subsidiary of a big group from Sweden and our holding company raise a invoice
of management services on us. So I just want to confirm whether Service Tax is
applicable on this management fees and if yes then how we need to pay this
under reverse charge?
Surely service tax shall be
applicable on management (service) fees paid by Indian subsidiary to their
overseas holding company. There is no difference of opinion. Whatever service
tax paid by your Indian subsidiary, you are eligible to take input credit.
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