TMI BlogRoyalty and RentX X X X Extracts X X X X X X X X Extracts X X X X ..... Royalty and Rent X X X X Extracts X X X X X X X X Extracts X X X X ..... sed out on rent and royalty is charged on the no of units produced. My question is 1 Royalty charged is not covered under IPR. Hence is the amount received as royalty on goods manufactured come unde ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r service tax.ambit?
2 Is the 10 lakh exemption amount on service tax a combination of rent and royalty.
Thanks
Reply By Naveed S:
The Reply:
1) Yes
2) No X X X X Extracts X X X X X X X X Extracts X X X X ..... ..... X X X X Extracts X X X X X X X X Extracts X X X X
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