Classification of services - as per the agreement, they have to ...
Agreement Details: 3% Royalty on Local Sales, 7.5% on Exports; Services Not Classified as IPR Services.
August 26, 2017
Case Laws Service Tax AT
Classification of services - as per the agreement, they have to pay royalty @ 3% on local sales and 7.5% on export sales of the equipment/parts manufactured and sold - None of these services can be called intellectual property service (IPR service)
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