Rates of Royalty in respect of item 11 relating to Coal including Lignite as revised vide notification number G.S.R. Its decision to revise the tariff (Scale of Rates) effective November 29, has faced stiff opposition from the port users. Vs. CST Chennai, (2009 (9) TMI 98 - CESTAT, CHENNAI)= 2010 - TIOL-68- CESTAT -MAD With effect from 16-06-2005, Taxable Services means any service provided or to be provided to any person, by the holder of IPR, in relation to Intellectual Property Services - … NORTH HEADQUARTER: Zwarma, 3B/58, 3rd Floor, High Street Cum Highland Corporate Centre, Kapurbawdi Junction, Thane (W) 400607. 01/04/2017 to 31/03/2022 at AAI Airports Revision in Base Rate(s) of Lease Rental/License Fee Rate(s) & escalation thereof for the period effective from 1.10.2014 to 31.03.2017. Subsequently, Finance Act, 2013 increased the rate of taxation on Royalty and FTS from 10% to 25%. we are Charge service tax @10.3% & VAT 4% in bill. Showing Replies 1 to 1 of 1 Records 572(E), dated the 16th August, 2002 of Government of India, in the Department of Coal, will remain in force until revised through a separate notification by the Ministry of Coal. This is an official website of Public Works Department, Government of Uttar Pradesh which conducts the construction, improvement, strengthening and maintenance of roads and bridges The Chennai Port Trust (ChPT) is caught in a Catch-22 situation. Current Rates Review of Revision in Base Rates of Land Lease Rental / License Fee Rates w.e.f. Royalty is generally a consideration received by a person - a creator or an innovator for allowing his work of art or scientific invention to be used commercially. Royalty payments. Payment of Royalty is liable to taxed under Intellectual Property Services only from 10-09-2004, M/s Switzer Instruments Ltd. The Finance Act, 2015 once Zwarma does not charge any royalty. Figure 1.3: Payment of Royalty & License Fees Source: DIPP Website What is Royalty? please clear my issue we should charge vat or not please provide fully comments on this issue Posts / Replies. Jayam and Co. vs Registrar, Tamil Nadu Taxation Special Tribunal and others (2004) 137 STC 117(MAD), the High Court held that the Royalty received as consideration of use of trade mark is consideration of transfer of right to use a movable asset and upheld its taxation under the sales tax laws. Contact Us. Entisols : Young river alluvium, sandy and eroded red and laterite soils. ROYALTY 47 Annual Report 2009-2010 6 Royalty Legal Provisions ... Tamil Nadu 77.62 85.55 86.82 134.74 Rajasthan 350.06 810.28 761.79 653.13 ... security deposit, fines, other fees or charges and the time within which and the manner in which the dead rent or royalty shall be payable”. In exercise of the So, read all 9 business in Chennai before taking any further decision. Chennai: Pudukkottai, one of the last princely states in Tamil Nadu to become part of the Indian Union in 1948, owes much to Dewan Sir A Seshayya Sastri (18281904) and administrators like BG Holdsworth (1931-34), Alexander Tottenham (1934-46), P Kalifulla (1946-48) during whose times the princely state witnessed all-round development. Phone No: +91 98417 84263. royalty and fees for technical services have assumed enormous importance over the period of time. About 50 per cent of the total area of Tamil Nadu state is occupied by Inceptisol, 30 per cent by Alfisols, 7 per cent by Vertisols, 6 per cent by Entisols, 01 per cent by ultisols and very negligible area by Mollisols. we are raised bill for royalty receive from party. These profitable businesses in Chennai will help you in earning money quickly and easily.. You can start these as a part-time business in Chennai as well as full time. 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