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R and D Cess on Royalty Payment

Others 733 views 2 replies
Hi, can anyone tell R& D Cess Applicable on Royalty payment to NRI on foreign collaboration of te technology. if yes where it deposit ,what % ,which challan no to be use & What account no.
Regards Sunil
Replies (2)

TO BE PAID TO RBI  5% challan is TR6 ACCOUNT NO 5062100002

PAY ORDER FAVOURING PAY AND ACCOUNTS OFFICER DEPARTMENT OF SCIENCE AND TECHNOLOGY

Is it Royalty or Sharing of Drawing or any other. Transfer of technology will attract R & D Cess. Pls check. 

As sivaram said

TO BE PAID TO RBI  5% challan is TR6 ACCOUNT NO 5062100002

PAY ORDER FAVOURING PAY AND ACCOUNTS OFFICER DEPARTMENT OF SCIENCE AND TECHNOLOGY

 

 


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