Sevice tax registration for service tax on royalty

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MANOJ (Querist)
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07 July 2015 Dear sir's/Madam's,

I have query about Service Tax Registration & ST Payment on Royalty(on Patent Related Service) received for year 2014-15.

We have recd/to be recd Royalty of 561583/- on Local & 2153779/- on International.

We made new ST registration in the end of F.Y 2014-15 instead of amending old registration.

so we filed nil vat return for 2nd half of 2014-15. and kept the issue pending.

Now My question's are-
1 - Are we eligible to pay service tax for the same?
2 - how much interest amount it will attract?

Thanks & Regards

Manoj

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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07 July 2015 1 you are not liable to pay service tax as no service tax payable on international receipt being service rendered outside taxable territory.

MANOJ

MANOJ (Querist)
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07 July 2015 Thanks for your reply Sir.

So you mean, we are not liable to pay service tax on royalty recd from foreign company against service(Patent Related Service) provided to them, isn't it?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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08 July 2015 Yes you are right.......

MANOJ

MANOJ (Querist)
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09 July 2015 Thank You Sir, Have a nice day...

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