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Q. > Please Help: Service tax on Franchisee business
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266 views • Question added Feb 02, 2015 • Service Tax • By Rajan Shivbilash Ram , CMA , Mumbai


My company is looking in to getting into a Franchisee/ Business Partner model, where my would share 50% of the revenue to the Business Partner

We look forward to yours advice on the following

1. How do we book 100% of the revenue and take the benefit of the turnover, under the circumstances that business partner would bill the customer
2. How to we tackle the revenue share to be paid to the business partner
3. How do we take maximum benefit of Service Tax

Would request a complete advice, including accounting entries that need to be passed on a step by step basis to tackle the same.

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