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Royalty paid by distributor to music producer for copyright use is not an additional consideration to assessee a job worker
Date: August 12, 2015

Description:

Hon’ble Supreme court in the case of K.R.C.D Pvt. Ltd. held that the royalty paid by the principal manufacturer to some other person for use of any copyright is not includible in the assessable value of the final goods cleared from the factory of job worker as the royalty paid by the principal manufacturer do not flow any additional consideration to the job worker.