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FACEBOOK, GOOGLE, SAP, MICROSOFT AND OTHERS MAY FACE 'GST WORRY'


MUMBAI: The indirect tax department wants the software companies to value the global brand names and logos used in India, charge a fee on that and pay 18% goods and services tax (GST) on top of it, according to people with direct knowledge of the matter. Industry trackers said currently there is no valuation mechanism for global technology companies in India.


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