Services in Forms of Receipt of Patent Registered Outside India not liable to Service Tax: CESTAT [Read Order]

Services in Forms - Receipt of Patent Registered Outside India - Patent Registered Outside India - Receipt of Patent - cestat - taxscan

The Ahmedabad bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) held that the services in the form of receipts of patents registered outside India are not liable to pay service tax.  Intas Pharmaceuticals Ltd, the appellant assessee entered into a “Technology Transfer and Licensing Agreement” with Eugenex Biotechnologies, Switzerland for development and…

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