https://www.taxtmi.com/caselaws?id=250241 Prima facie stay on service tax demand was considered in a collaboration agreement involving technical know-how and patent-related rights treated by the Department as taxable intellectual property service. The Tribunal found that the agreement appeared to grant exclusive technical information under patents and royalty-linked rights in India, with the know-how transfer operating on a continuing basis. It also noted that the appellant did not substantiate alleged errors in computation through R&D cess adjustment or demonstrate financial hardship. For the period before insertion of Section 66A of the Finance Act, 1994, service tax was not payable on the foreign service portion covered by the Bombay High Court ruling in Indian National Shipowners Association. en-us Thu, 29 Nov 2012 00:00:00 +0530 Wed, 06 Aug 2014 09:59:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=250241 Prima facie stay on service tax demand was considered in a collaboration agreement involving technical know-how and patent-related rights treated by the Department as taxable intellectual property service. The Tribunal found that the agreement appeared to grant exclusive technical information under patents and royalty-linked rights in India, with the know-how transfer operating on a continuing basis. It also noted that the appellant did not substantiate alleged errors in computation through R&D cess adjustment or demonstrate financial hardship. For the period before insertion of Section 66A of the Finance Act, 1994, service tax was not payable on the foreign service portion covered by the Bombay High Court ruling in Indian National Shipowners Association. Case-Laws Service Tax Thu, 29 Nov 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=250241