Bombay HC: No VAT Payable by Subway on Franchise Fees in Maharashtra - 19.08.2016

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

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