permanent transfer of intellectual property rights

[SANJAY JAIN]

What is the HSN code for permanent transfer of intellectual property rights?

thanks in advance

AI Summary

Debate on GST implications for IPR transfer: Is it goods or services? Entry No. 452P cited, no HSN code. A discussion on the Goods and Services Tax (GST) implications for the permanent transfer of intellectual property rights (IPR) raised questions about the appropriate Harmonized System of Nomenclature (HSN) code. Participants debated whether IPR should be classified as goods or services under GST, with references to legal definitions and case law. The consensus leaned towards treating the permanent transfer of IPR as a supply of goods, citing entry No. 452P of Notification No 1/2017-CT (R), although no specific HSN code was provided. The discussion highlighted the complexity of classifying IPR under GST regulations.