In a decision that has far-reaching implications for employee secondment contracts where salary is treated as a reimbursement, the Supreme Court of India ruled on 19 May 2022 that such agreements are service contracts and are subject to service tax.
Source BDO
Latest Posts in "India"
- GST on Hotel Rooms ≤ Rs 7,500: 5% Rate, No ITC for Hotels or Business Travellers
- GSTN Releases Key FAQs on GSTR 9/9C Filing for Financial Year 2024-25
- Supreme Court: VAT Credit Cannot Be Denied Due to Supplier’s Tax Default
- Trickiest countries in which to achieve compliance
- India announces changes in the Invoice Management System
