https://www.taxtmi.com/article/detailed?id=1066 Service tax applies where a holder of an intellectual property right temporarily transfers, or permits the use or enjoyment of, an IPR recognised under domestic law; permanent transfers and copyrights are excluded. The holder is the assessee liable to pay tax. The holder values the taxable service; assignments without consideration yield nil value. Amounts of R&D cess paid on import of technology are excluded from taxable value by notification. en-us Thu, 23 Dec 2010 22:44:25 +0530 Thu, 06 Jan 2011 18:08:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=1066 Service tax applies where a holder of an intellectual property right temporarily transfers, or permits the use or enjoyment of, an IPR recognised under domestic law; permanent transfers and copyrights are excluded. The holder is the assessee liable to pay tax. The holder values the taxable service; assignments without consideration yield nil value. Amounts of R&D cess paid on import of technology are excluded from taxable value by notification. Articles Service Tax Thu, 23 Dec 2010 22:44:25 +0530 https://www.taxtmi.com/article/detailed?id=1066