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

Service Tax Liability on ECB Loan Gurantee Fee paid to Parient company

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Service Tax Liability on ECB Loan Gurantee Fee paid to Parient company
Query (Issue) Started By: - MITSUI PRIME Dated:- 2-4-2013 Last Reply Date:- 3-4-2013 Service Tax
Got 1 Reply
Service Ta .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... x
Dear Sir, We have taken loan from Japan for set up Manufacturing unit in India, Load provider is Co-operation society, Japan and our Parient Company provided Loan guarantee to co-operation Socie .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ty, on Indian company Behalf, and Indian company paid Loan guarantee Commission to Parent company , Japan, in this case subsidiary company i.e. Indian company liable for service tax . Please provide .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... your valuable advice. Regards Arjun Sachdeva Reply By Pradeep Khatri: The Reply: Yes, it is payable under Reverse Charge Mechanism w.e.f. 01-07-2012 and up-to 30-06-2012 Section 66A was applicabl .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... e.
Discussion Forum - Knowledge Sharing .....

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