Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Is S.T. applicable on Debit notes raised by Co. A on other 2 companies of such group 4 such sharing?

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Is S.T. applicable on Debit notes raised by Co. A on other 2 companies of such group 4 such sharing?
Query (Issue) Started By: - Sanjeev Sharma Dated:- 1-5-2010 Last Reply Date:- 4-5-2010 Service .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Tax
Got 2 Replies
Service Tax
In X Group of companies, there are three companies. In one co.A of the said group, there is one employee who is IT/EDP Manager. This employee look after the IT .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... needs of all three companies. His salary cost is shared by other two companies also in a pre agreed ratio.They have a MOU for this purpose and also for sharing other common costs like travel, conveyan .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ce etc. Is service tax applicable on Debit notes raised by Co. A on other two companies for such sharing ? Is TDS also applicable on this ?? Reply By Surender Gupta: The Reply: In a view, Service Tax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... is payable as well as TDS is also deductible on the impugned activity. Though this issue is controversial one, but after the decision in the matter of RPG Enterprises Ltd. by the CESTAT [2008 TMI - 3 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 0816 - CESTAT MUMBAI], you need to pay service tax this activity. Reply By napolean bonaparte: The Reply: This is Manpower Supply Services, hence ST is payable.
Discussion Forum - Knowledge Sharin .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... g .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates