Service tax on Technical Knowhow Fees

Manoj Aggarwal (CA) (86 Points)

19 December 2007  
Under which category service tax is applicable on Technical knowhow fees payable to foreign collaborators ? They will give training to Indian staff and as well as manuals. Further, they will allow Indian co. to use their software for operations. Fees is fixed in absolute amount and will be paid in three instalments.