“Even though the intention behind availing maintenance of such products is uninterrupted service, in view of divergent rulings by AARs (Authority for Advance Rulings), some companies are charging higher rate (28%) even on annual maintenance services (18%) provided along with these products. This is resulting in unnecessary payment of higher price by the common man,” said Harpreet Singh, partner at consulting firm KPMG.
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2UZoGhq
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Thursday 25 April 2019
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You may be paying higher tax on annual maintenance bills
You may be paying higher tax on annual maintenance bills
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