Bombay HC: No VAT Payable by Subway on Franchise Fees in Maharashtra - (19 Aug 2016)
Bombay HC has held that franchise and royalty fees received by Subway Systems India, a group company of the international fast food chain, cannot be subject to Value-Added Tax (VAT) in Maharashtra and quashed VAT levy on frachise fee and royalty.
Tags : BOMBAY HC SUBWAY SYSTEMS INDIA
Share :
|