https://www.taxtmi.com/caselaws?id=442432 Royalty for granting the right to use ringtone-related intangible property was treated as consideration for a transfer of the right to use goods, because intangible intellectual property used commercially can qualify as goods and exclusivity in the sense of complete exclusion of the transferor is not essential where a legally enforceable right to use is conferred for consideration. The royalty transaction was therefore taxable under the Kerala Value Added Tax Act, 2003. For assessment year 2005-2006, a limitation objection had been raised, so the assessment was not finally concluded on merits and was remitted to the assessing authority for fresh consideration after dealing with the assessee's contentions in a speaking order. en-us Thu, 24 Aug 2023 00:00:00 +0530 Wed, 24 Dec 2025 15:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=442432 Royalty for granting the right to use ringtone-related intangible property was treated as consideration for a transfer of the right to use goods, because intangible intellectual property used commercially can qualify as goods and exclusivity in the sense of complete exclusion of the transferor is not essential where a legally enforceable right to use is conferred for consideration. The royalty transaction was therefore taxable under the Kerala Value Added Tax Act, 2003. For assessment year 2005-2006, a limitation objection had been raised, so the assessment was not finally concluded on merits and was remitted to the assessing authority for fresh consideration after dealing with the assessee's contentions in a speaking order. Case-Laws VAT / Sales Tax Thu, 24 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=442432