GST applicability for forbearance to do an Act
Sidhant Jain (student) (24 Points)
12 May 2017Example: A partner retired from a business. He made an agreement with other partners to not continue the same Business for a period of 5 yrs
Or
I have licensed my patent to a party and have made an agreement with him that he can use my patent for Business purposes only in say Bangalore
in above two cases is GST liable?