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Applicability of VAT on Payments of Royalty To Foreign Holding Company

VAT and Sales Tax - Started By: - suresh arigela - Dated:- 20-10-2015 Last Replied Date:- 21-10-2015 - Dear All,Greetings of the day.we are a company Situated in State of Tamailnadu,We paid Royalty to our Foreign parent company for their technical Know how support and also paid service tax for Availing of Services.now The Tamilnadu Vat dept.sent one Notice to pay vat on The Royalty amount paid to our parent company.is Vat applicable on payment of Royalty? in the State of Tamilnadu?please Provide .....

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, it is not necessary to hand over the trademark to the transferee or give control or possession of trademark to him. The court further observed that Simply because the assessee retained the right for himself to use the trademark and reserved the right to grant permission to others to use the trademark, it would not take away the character of the transaction as one of transfer of a right to use. - Reply By Ganeshan Kalyani - The Reply = Dear Yagay and Sun, from your reply it is inferred that Vat .....

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