Purchase of trademark

Souvik Kumar Ghosh (CA Final) (1368 Points)

01 May 2014  

Trademark of a Partnership firm will be purchased by a Pvt Ltd Co, where the shareholders are the partners of a firm. In this case: 

1. What are the compliances for both the parties?
2. Is this transaction chargeable to VAT or Service tax?
3. What are the requirements under the companies Act?