TMI BlogTax on Payment of RoyaltyX X X X Extracts X X X X X X X X Extracts X X X X ..... Tax on Payment of Royalty X X X X Extracts X X X X X X X X Extracts X X X X ..... stated as under: * We are paying Royalty , on our Gross Sales to our parent Company in South Korea, Is it really covered by Service Tax Act. Is it fall under Intellectual Property Services. . Pleas ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e Explain with Section and circulars, if any. * Can we take the Cenvat credit for the Service Tax, we deposited on Royalty payments. Please provide the notification/ circular for justification. * ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Is R&D Cess also applicable to us. If Yes, Do we have to take any registration for deposit of R&D Cess. Where we have to deposit this Cess. Please describe the procedure in detail. * Is Cenvat avail ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... able for R & D Cess also. Please reply. Best Regards. Pradeep kaushik Reply By Pradeep Khatri: The Reply: Please Check IPR service in this regard. Further, if you are paying R&D Cess, then, it is ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... deductible from the total payment of service tax. Further, kindly go through Notification No. 46/2011- ST dated 19thSeptember, 2011 pertaing to R&D Cess in this regard. X X X X Extracts X X X X X X X X Extracts X X X X ..... ge Sharing ..... X X X X Extracts X X X X X X X X Extracts X X X X
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