18% IGST leviable on Reimbursement of ‘Wellsone Commercial Card’ expenses from Subsidiary Company to its ultimate Holding Company, says AAR [Read Order]

The Tamil Nadu Authority of Advance Ruling (AAR) ruled that 18% Integrated Goods and Service Tax (IGST) leviable on reimbursement of ‘Wellsone Commercial Card’ expenses from the subsidiary company to its ultimate Holding company. The applicant, M/s ICU Medical LLP is engaged in the business of software development for the infusion system manufactured by its […]

from Taxscan | Simplifying Tax Laws https://ift.tt/3kadszm