VAT on royalty

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..... VAT on royalty
Query (Issue) Started By: - SANJAY KUMAR Dated:- 1-6-2010 Last Reply Date:- 8-6-2010 Service Tax
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Service Tax
we are raised bill for royalty receive from party. .....

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..... 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 Reply By Rama Krishana: The Reply: In my view if the .....

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..... 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 goods, no VAT is payable. The determination that the transacti .....

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..... on in question is good or not is a question of fact and needs to be addressed carefully.
Discussion Forum - Knowledge Sharing .....

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