Taxman wants to charge GST on trademark and logo use by subsidiaries
Does a subsidiary need to pay fees to its parent for using a common logo, trademark or brand name? Indian conglomerates that use a common logo across subsidiaries are in for some trouble as the taxman wants to levy Goods and Services Tax (GST) on notional valuation of these brands. After issuing notices to banks, the indirect tax department has turned their attention to Indian conglomerates a…