ICU Medical India LLP ., In re
- Court:
- Authority for Advance Ruling
- Bench:
- Tamil Nadu
- Date:
- May 4, 2020
- Type:
- Advance Ruling
- Members:
- Manasa Gangotri, Thiru Selvaan
Subject
GST is leviable on the reimbursement of expenses from the Subsidiary Company to its Ultimate Holding company located in a foreign territory
Summary
1. Whether GST is leviable on the reimbursement of expenses from the Subsidiary Company to its Ultimate Holding company located in a foreign territory outside India. ICU Medicals Inc., is supplying credit services to the applicant for specific use of…
Judgement
M/s. ICU Medical LLP, 129-140 Prestige palladium Bayan, 1st and 7& floor, Greams Road, Nungambakkam, Chennai-600006 (hereinafter referred as the applicant) is registered under the GST Act 2017 vide GSTIN No. 33AAGFI3243M1ZD. The Applicant has sought Advance Ruling on the following questions: 1. Whether GST is leviable on the reimbursement of expenses from the Subsidiary Company to its Ultimate…