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![No VAT on Royalty received under Franchise Agreements for Transferring the use of Trade Mark, Logo, Brand Name etc: Delhi HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/05/Mc-Donalds.jpg "No VAT on Royalty received under Franchise Agreements for Transferring the use of Trade Mark, Logo, Brand Name etc: Delhi HC [Read Judgment]")
No VAT on Royalty received under Franchise Agreements for Transferring the use of Trade Mark, Logo, Brand Name etc: Delhi HC [Read Judgment]
In a major relief to Mc Donalds, the division bench of the Delhi High Court held that royalty received by the assessee-Company, under Franchise...