Running Royalty

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..... Dear Sir, Good Noon, Pl. advice to us if we will going to pay royalty from India to Japan as a Running Royalty in such service tax position. service tax applicable on royalty or not. pl. advice .....

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..... . Thanks Regards Arjun Sachdeva - Reply By Mukesh Shah - The Reply = Temporary transfer or permitting the use / enjoyment of any Intellectual property right is a declared service and liable .....

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..... to service tax. Royalty is normally paid towards enjoyment of IP rights. The provider of service is assumed to be in Japan (non-taxable territory). Hence, recipient of service in India will be liabl .....

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..... e to pay service tax under reverse charge. - Running Royalty - Query Started By: - MITSUI PRIME Dated:- 3-4-2014 Service Tax - Got 1 Reply - Service Tax - Discussion Forum - Knowledge Sharing, rep .....

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..... ly post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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