Payment of licence fee
This query is : Resolved
18 February 2008
What type of taxes applicable on the payment of licience fee payable to any indian company who had invented the process technolgy and patented.
Also tell us if the payment is in the form of Royalty.
If the liability to pay tax is on account the licencee, how to calculate the tax.
Also tell us if the payment is in the form of Royalty.
If the liability to pay tax is on account the licencee, how to calculate the tax.
19 February 2008
If the patent is being sold under IPR then no service tax is payable on license fee, it is merely attract VAT in the appropriate state.
If the license fee is for use and transfer of technology then too, VAT would be applicable.
If the license fee is for use and transfer of technology then too, VAT would be applicable.
19 February 2008
cess tax by technology deptt. & tds in income tax is also payable.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS 194-T applicability
- GST ITC REVERSE
- Fixe term employment
- TDS on TRUST
- RCM ISSUE ON RENT AND TRANSPORTATION CHARGES
- Section 50-fixed asset-->building ceases to exist
- Withdrawal in cash from partners capital account by partner
- TDS on Complimentary "Desi Ghee and Gold Coin" Provided to KBC Contestants
- Tds on commission charges
- Consolidated financials
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
