TMI BlogCategory - Knowhow feesX X X X Extracts X X X X X X X X Extracts X X X X ..... Under which category service tax is applicable on Technical knowhow fees payable to foreign collaborators ? They will give training to Indian staff and as well as manuals. Further, they will allow Ind ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ian co. to use their software for operations. Fees is fixed in absolute amount and will be paid in three instalments. - Reply By YASHAVANTH R.M. - The Reply = Under Intellectual property Services th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e service provided on Technical knowhow fee is liable to pay service tax. After introduction of sec.66a w.e.f. 19th April 2006 under reverse charge mechanisam Service recepient is liable to pay servic ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e tax on such service. Service tax is exempted on R & D cess paid in relation to such Intellectual Property Service. - Reply By Sanjeev Sharma - The Reply = There is no IPR. Knowhow fees is essential ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ly for training of indian staff, manuals and methodologies for provision of special auditing services. - Category - Knowhow fees - Query Started By: - Sanjeev Sharma Dated:- 19-12-2007 Service Tax - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Got 2 Replies - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TM ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... I - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
|