Intellectual Property - Taxable Services - As appliable on or before 30-6-2012 - Service Tax

Intellectual Property (w.e.f. 10.9.2004) What is taxable -65(105)(zzr) Any service provided or to be provided to any person, by the holder of intellectual property right, in relation to intellectual property service; Who is the receiver of service Any person Who is the provider of service The holder of intellectual property right Who is liable to pay service tax The holder of intellectual property right (Service Provider) Meaning of Intellectual Property Right - 65(55a) "intellectual property right" means any right to intangible property, namely, trade marks, designs, patents or any other similar intangible property, under any law for the time being in force, but does not include copyright; Meaning of Intellectual Property Service - 65(55b) "intellectual property service" means, (a) transferring temporarily; or (b) permitting the use or enjoyment of, any intellectual property right; Comments: A. As per Paragraph No 6. of Circular No. 96/7/2007 dated 23/8/2007 states that :- "6. This circular supersedes all circulars, clarifications and communications, other than Orders issued under section 37B of the Central Excise Act, 1944 (as made applicable to service tax by section 83 of the Finance Act, 1994), issued from time to time by the CBEC, DG (Service Tax) and various field formations on all technical issues including the scope and classification of taxable services, valuation of taxable services, export of services, services received from outside India, scope of exemptions and all other matters on levy of service tax. With the issue of this circular, all earlier clarifications issued on technical issues relating to service tax stand withdrawn."