VAT on intengibles

[sachin kuchekar]

Dear All,

 

I hereby wants to make general discussion on VAT applicability on intangible e.g. pattern,copyright,trademark or in other words we can say "right to use."

AI Summary

Taxation of intangibles: downloadable digital content viewed as service tax while other intangible transfers attract VAT/CST.
Statutory VAT schedules expressly list intangible goods such as copyright, patent rights and representative licences as taxable; the term Right to use is not an appropriate substitute for statutory classification. Transactional treatment varies: conventional commercial transfers of listed intangibles attract VAT/CST under the applicable schedule, downloadable digital content is treated as service tax in the discussion, while e shopping and sale of websites are identified as falling within VAT/CST.