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VAT - Highlights / Catch Notes

Home Highlights November 2012 Year 2012 This

Trade Mark is "Goods" as defined in the Act - Royalty received ...


Trademark Classified as "Goods," Subject to Tax Under KVAT Act; Service Tax Introduction Doesn't Change Tax Status.

November 28, 2012

Case Laws     VAT and Sales Tax     HC

Trade Mark is "Goods" as defined in the Act - Royalty received by the petitioner is exigible to tax under the KVAT Act. - introduction of Service Tax is inconsequential. - HC

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