Hi
We have a JV where we are operator.
Being Operator and we are giving services to other partners, therefore service charges are to be charged ,and to be shown as Expenditure in Venture 1 and 100% to be charged from non-operator partners.
Since we are in 70:30 ratio and Service tax to be charged 100% from partner. Kindly suggest me how to do this?
Can we create New Equity Group where we can run cut back of expenditure as 100% towards non-operator partner share?
Thanks & Regards
Anil Chauhan