https://www.taxtmi.com/forum/issue?id=109546 Conversion premium for converting leasehold to freehold is not a taxable service and is excluded from service tax liability; one commissionerate reportedly sanctioned a refund for conversion charges. Payments of royalties for use of a foreign brand are taxable as Intellectual Property Services under the Reverse Charge Mechanism, with full liability on the service recipient in the taxable territory. en-us Wed, 16 Dec 2015 15:46:51 +0530 Thu, 23 Jan 2025 15:56:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=109546 Conversion premium for converting leasehold to freehold is not a taxable service and is excluded from service tax liability; one commissionerate reportedly sanctioned a refund for conversion charges. Payments of royalties for use of a foreign brand are taxable as Intellectual Property Services under the Reverse Charge Mechanism, with full liability on the service recipient in the taxable territory. Discussion-Forum Service Tax Wed, 16 Dec 2015 15:46:51 +0530 https://www.taxtmi.com/forum/issue?id=109546