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Service Tax on Royalty

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(Querist)
23 November 2009 Can we avail service tax credit on service tax paid on royalty payable to Foreign Collaborator.
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CA.Hanumantha Reddy

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CA.Hanumantha Reddy (Expert)
05 December 2009 Yes, you can claim service tax credit on royalty amount if it is in relation to the business.

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