Friday 9 August 2013

Franchisee agreements are liable to service tax and not VAT; decision of single judge reversed

ST: Franchise agreement where franchisor himself, along with various franchisees, can use trademark of franchisor, there is no transfer of right to use of trademark and it does not amount to 'deemed sale' under article 366(29A)(d); such agreement is franchise service liable to service tax


No comments:

Post a Comment