Compensation Received In Exchange For Technical Know-How Is Not Exigible Under Engineering Consultancy.

SUMMARY A transaction in intellectual property (IP) along with the right to manufacture the licensed product is totally different from the technical assistance rendered by an engineer or a firm of engineers; when IP services are brought under the tax net without altering the scope of “Consulting Engineer Service” the new impost covers an activity hitherto not exigible to service tax under the head Consulting Engineer. RELEVANT PARAGRAPHS: 3. I have carefully considered the case records and rival submissions. A perusal of the relevant agreement governing the provision of the impugne...