Mauritius-Based 'Know How' Rights Not Taxable as Intellectual Property Under Reverse Charge Mechanism, Court Rules.

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....Intellectual Property Service - Import of services - reverse charge mechanism (RCM) - know how - the grant of exclusive right to the Appellant by Mauritius Revlon to use the ‘know how’ in any plant in accordance with the processes, specifications and recipes thereof in connection with the manufacture, marketing, sale and distribution of Revlon Products would not fall in the definition of ‘intellectual property right’ so as to make it taxable....