Temporary transfer or permitting use or enjoyment of any intellectual property rights

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....y intellectual property right (IPR) Analysis: There is no definition of intellectual property right in service tax. However in common trade parlance intellectual property right refers to rights existing in copyright, patent, trademark, design process etc. It is important to note here that only temporary transfers or permitting the use or enjoyment of IPRs are covered here. Such permission to use....

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....cable for the consideration received for the sale of the trade mark. Technical know-how transfer: In Aorco Corporation [2004 (10) TMI 16 - CESTAT (BANGALORE)], it was held that technical know-how under a license agreement transfer for a limited period is covered under intellectual property rights. Intellectual property put on a medium such as CD, Floppy etc.: Intellectual property put on a mediu....