https://www.taxtmi.com/caselaws?id=249716 The case focused on the taxability of royalty for intellectual property services under Section 65(105)(zzr) of the Finance Act 1994. The Tribunal considered the interpretation of technology transfer agreements, the continuous use of technology, and the timing of tax liability for services rendered before the taxable event. Relying on precedent and analysis, the Tribunal emphasized that tax liability is determined by the time of the activity rather than payment, leading to a decision to waive the pre-deposit and grant a stay on tax collection during the appeal process. en-us Tue, 22 May 2012 00:00:00 +0530 Mon, 21 Jul 2014 18:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=249716 The case focused on the taxability of royalty for intellectual property services under Section 65(105)(zzr) of the Finance Act 1994. The Tribunal considered the interpretation of technology transfer agreements, the continuous use of technology, and the timing of tax liability for services rendered before the taxable event. Relying on precedent and analysis, the Tribunal emphasized that tax liability is determined by the time of the activity rather than payment, leading to a decision to waive the pre-deposit and grant a stay on tax collection during the appeal process. Case-Laws Service Tax Tue, 22 May 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=249716