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of <h1>Taxation Timing for Royalties and IP: Payment or Invoice Date Determines Tax Point per Rule 2011.</h1> In cases involving royalties and payments related to copyrights, trademarks, designs, or patents, if the full consideration for the service is not determined when the service is performed, the point of taxation is established when the service provider receives payment or issues an invoice, whichever occurs first. This rule ensures that the service is considered provided each time a payment is made or an invoice is issued for the use or benefit of these intellectual properties, as per the Point of Taxation Rules, 2011.
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