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Service Tax - Highlights / Catch Notes

Home Highlights July 2014 Year 2014 This

Intellectual property rights for allowed user of its brand name ...


Minimum Guaranteed Profit Misclassified as 'Royalty' for Service Tax; Clarification on Intellectual Property Context.

July 28, 2014

Case Laws     Service Tax     AT

Intellectual property rights for allowed user of its brand name - The minimum guarantee of profit per month given or assured by the agent to the appellant have been misunderstood as ‘Royalty' which is not the fact. - AT

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