Friday, 18 December 2015

No service-tax on intellectual property services if permission to use technology was given prior to

Service Tax : In case of Intellectual Property Services, date of rendering of service is date of transfer/permission to use technology; hence, where date of such transfer/permission is prior to 10-9-2004, no service tax can be demanded even if royalty payment is spread over period of use and is said payment is made even after 10-9-2004

No comments:

Post a Comment