Service Tax on Royalty
This query is : Open
29 October 2010
A subsidiary company (located in India) paying Royalty on its total sales made during the financial year to its Holding company (located outside India) as a consideration for right to use Technical know-how, designs, process of manufacturing, Trade-marks, etc.
Whether that subsidiary company will have to pay Service tax or / & Research & development cess to Cent. Govt. of India or not?
Whether that subsidiary company will have to pay Service tax or / & Research & development cess to Cent. Govt. of India or not?
29 October 2010
No service tax is not applicable.
30 October 2010
Service tax has to be paid on the Royalty amount paid to the foreign company by the Indian Company. and in above mentioned case no service tax will be levied.
other experts please clarify......
other experts please clarify......
02 November 2010
Does this not amounting to import of technology from a foreign country Mr.Shailesh?
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
- Price inclusive or exclusive of GST while made entry in P& L Account
- TDS Challan - change of FY 2025-26 to TY 2026-27
- Dep. as per companies act
- Applicability of GST on Salary Reimbursement Component
- Minimum tax payable to file Updated return
- Tds on commission charges
- Tax rate change regarding
- Change Of Karta In Case of Death
- New GST registration for new place of business.
- GST ISSUE OF INPUT AND OUTPUT GST
- GST Intimation due to Government took possession of Business Premises under PPE Act
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- 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?
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
Quick Links
ARTICLESHIP
30 September 2026
CA Article Assistant
CA Suraj Garg & Associates
New Delhi
CA Final
View Details
ARTICLESHIP
16 September 2026
Article Assistant
MANUJ SHARMA AND COMPANY
Noida
CA Inter
View Details
08 September 2026
Semi-Qualified Assitant
Subrahmanyam & Sivudu CA Firm
Hyderabad
CA Inter
View Details
CCI
Pro
CAclubindia
