Friday 17 April 2015

ST demand on services provided to holding-co. won't arise if corporate veil of subsidiary-co. is lif

Service Tax : Where corporate veil is lifted and Indian subsidiary is treated as 'alter ego'/'establishment' of foreign holding company, then, for period prior to 1-7-2012, they would amount to 'same person' and any service between them would be a 'self service' not liable to service tax


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