https://www.taxtmi.com/article/detailed?id=9221 The article explains that statutory IPR comprises rights recognised under law (trademarks, patents, designs), that permanent transfers of IPR are treated as supplies of goods while temporary transfers or licences are supplies of services, and that authorities have differed on whether goodwill is an IPR-CESTAT reasoning being that goodwill, though an intangible deriving value from trademarks or business reputation, is not itself recognised as an IPR under the Finance Act, while other courts treat goodwill as a protected component of business value relevant to assignment, valuation and passing off claims. en-us Fri, 29 May 2020 10:55:38 +0530 Fri, 29 May 2020 12:25:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=9221 The article explains that statutory IPR comprises rights recognised under law (trademarks, patents, designs), that permanent transfers of IPR are treated as supplies of goods while temporary transfers or licences are supplies of services, and that authorities have differed on whether goodwill is an IPR-CESTAT reasoning being that goodwill, though an intangible deriving value from trademarks or business reputation, is not itself recognised as an IPR under the Finance Act, while other courts treat goodwill as a protected component of business value relevant to assignment, valuation and passing off claims. Articles Other Topics Fri, 29 May 2020 10:55:38 +0530 https://www.taxtmi.com/article/detailed?id=9221