Indian Subsidiary Company providing Services to Foreign Parent Company is Export of Services

Indian Subsidiary Company providing Services to Foreign Parent Company is Export of Services

The Gujarat High Court has given laudable Judgment in the case of Linde Engineering India Pvt. Ltd. & Ors. V Union of India holding that Indian Subsidiary Company providing Consulting Engineer Services to Foreign Parent Company is Export of Services and the Show Cause Notice (SCN) issued beyond jurisdiction as it was mis-interpreted by the proper officer that Indian Subsidiary Company and Parent Company outside India are merely establishment of distinct persons.

This blog is authored by Company Secretary Ronak Gupta. He is author of many blogs and runs many websites and youtube channels. His work is dedicated to corporate laws, legal, secretarial, professional services and also in strategy formulations for corporates. Mail him at: csronakgupta23@gmail.com or call at :9910226715

Comments

  1. Finance and AccountsAugust 29, 2022 at 12:40 PM

    Within 30 days of the resolution being passed, the change in registered office
    must submit an INC22 to the MCA along with utility bills, NOCs from the owner, and a rental agreement.

    ReplyDelete
  2. VigneshSeptember 13, 2022 at 9:46 AM



    There are many differences between a parent company and a subsidiary parent company and subsidiary in the corporate world. A subsidiary is a company that is owned by another company, known as a parent company. More than half of the stock in a subsidiary company is owned or controlled by the parent.

    ReplyDelete

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