Service tax not applicable on permanent transfer of IP Rights

SKOL Breweries Ltd. (Now known as Anheuser Busch InBev India Ltd.) Vs C.C.E & C.S.T. (CESTAT Bangalore)

Conclusion: Assignment of trademark and the IPR were amounted to permanent transfer and no service tax was applicable on permanent transfer of IP Rights by Foster’s to assessee.

Held:  Assessee-company was registered under the category of ^„Sponsorship Service, Information Technology Software Service, Management Consultant, Consult

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