Paid a deposit of rs 70, 000 in july against a euro kids franchise. however euro kids couldn't find location to setup the school.
So asked for a refund of deposit in oct.
Its almost more than year now (dec) and still i'm waiting for my refund.
whenever i call euro kids they say they have to deduct service tax of some 17%, and said wouldn't refund the whole amount.
Wanted to know if this is true, because i never started the franchise and just gave the money as deposit.
Please need help on this.
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