https://www.taxtmi.com/caselaws?id=268956 An agreement granting patent and technology rights from a foreign entity, with limited modification rights and periodic royalty payments, was prima facie found not to amount to a permanent transfer. The departmental circular was read to mean that only intellectual property rights covered under Indian law fall within the taxable entry for Intellectual Property Rights Services, while IPRs not covered by Indian law fall outside it. On that basis, the appellant made out a prima facie case for complete waiver of the confirmed demand and penalties, and recovery was stayed pending disposal of the appeal. en-us Thu, 25 Sep 2014 00:00:00 +0530 Sat, 05 Dec 2015 11:04:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=268956 An agreement granting patent and technology rights from a foreign entity, with limited modification rights and periodic royalty payments, was prima facie found not to amount to a permanent transfer. The departmental circular was read to mean that only intellectual property rights covered under Indian law fall within the taxable entry for Intellectual Property Rights Services, while IPRs not covered by Indian law fall outside it. On that basis, the appellant made out a prima facie case for complete waiver of the confirmed demand and penalties, and recovery was stayed pending disposal of the appeal. Case-Laws Service Tax Thu, 25 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=268956