VAT on royalty

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..... we are raised bill for royalty receive from party. we are Charge service tax @10.3% & VAT 4% in bill. please clear my issue we should charge vat or not please provide fully comments on this issue .....

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..... - Reply By Rama Krishana - The Reply = In my view if the royalty is related right to use of the good, you have to pay VAT. If no good is involved and royalty is related to services which are not go .....

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..... ods, no VAT is payable. The determination that the transaction in question is good or not is a question of fact and needs to be addressed carefully. - VAT on royalty - Query Started By: - SANJAY KUMA .....

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..... R Dated:- 1-6-2010 Service Tax - Got 1 Reply - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement .....

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..... - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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