https://www.taxtmi.com/forum/issue?id=118888 The issue is whether permanent transfer of intellectual property rights is a supply of goods or services for GST; Schedule II treats temporary transfer as a service, while a rate notification entry for permanent transfer uses "Any Chapter," suggesting goods classification for rate purposes. Classification depends on factual nature of the transfer (e.g., software as a good under the software chapter or as a licensing service under service codes), and one must select the appropriate chapter/heading/sub-heading where possible, noting notifications cannot override the Act. en-us Tue, 05 Dec 2023 17:46:25 +0530 Fri, 24 Jan 2025 10:40:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=118888 The issue is whether permanent transfer of intellectual property rights is a supply of goods or services for GST; Schedule II treats temporary transfer as a service, while a rate notification entry for permanent transfer uses "Any Chapter," suggesting goods classification for rate purposes. Classification depends on factual nature of the transfer (e.g., software as a good under the software chapter or as a licensing service under service codes), and one must select the appropriate chapter/heading/sub-heading where possible, noting notifications cannot override the Act. Discussion-Forum GST Tue, 05 Dec 2023 17:46:25 +0530 https://www.taxtmi.com/forum/issue?id=118888