Service tax on royalty
This query is : Resolved
20 February 2015
Is service tax on royalty payable for payments made by wholly owned subsidiary to its parent company.
Please provide reference/Case laws also
Please provide reference/Case laws also
20 February 2015
Royalty payments cannot attract a service tax liability, according to a recent decision of the Service Tax (Appellate) Tribunal, Mumbai Bench. Generally, royalty is paid for the use of technology or know-how. Hence, service tax cannot be attracted.
20 February 2015
Can you please provide reference or case law
20 February 2015
I revise my view, royalty payments be considered as a consideration for providing a service under the negative list regime and hence liable to service tax.
See the link for advance ruling.
https://www.cbec.gov.in/aar/rulings/st-rulings/st-ruling-ms-india.pdf
See the link for advance ruling.
https://www.cbec.gov.in/aar/rulings/st-rulings/st-ruling-ms-india.pdf
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
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- STCG....................................................
- Sales return eway bill
- TAN for Partnership
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- STCG FOR GOLD ETFs
- Specified Profession
- Is E Way Bill Valid If Transport ID Not Mentioned in PART A But Vehicle details mentioned in PART B
- Tax liability on income of freelancer
- Loan by Partnership Firm
- Free lancer income
- Long Term Service award taxability in hands of company
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
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
