WHETHER PURCHASE OF DESIGN/DRAWING FROM A FOREIGN EXPERT COMPANY or VETTING OF DRAWING or APPOINTMENT OF FOREIGN EXPERT IN INDIA AS SUPERVISOR..................comes under "Import of Technology' as per R& D cess act.
Ritesh Jain (CA, CS in Job) (675 Points)
21 April 2010WHETHER PURCHASE OF DESIGN/DRAWING FROM A FOREIGN EXPERT COMPANY or VETTING OF DRAWING or APPOINTMENT OF FOREIGN EXPERT IN INDIA AS SUPERVISOR..................comes under "Import of Technology' as per R& D cess act.
P.Bashista
(Advocate)
(367 Points)
Replied 21 April 2010
Sir,
If you are asking from the applicability of service tax point, this service is an Intellectual Property service and is taxable and covered under tariff heading 63.
Ritesh Jain
(CA, CS in Job)
(675 Points)
Replied 21 April 2010
I was not asking from Service Tax point of view...my ques was referred to R&D cess act.
Anyways thanx for the reply.
CAclubindia
