falling under chapter heading 8504 of the Central Excise Tariff in technical collaboration with Baroda based M/s. Silcher Electronics Ltd. (SEL in short) during ... technical specification of the product and also mentioning the fact of Mfgrs. manufactures By Quantum instruments & Electronics, Bhopal in Technical Collaboration with Silcher Electronics
supplying
IGCL with technical assistance and for helping IGCL for its normal
operation as per the separate technical collaboration agreement.
Takarazuka shall take up ossein ... give to IGCL appropriate advice on the following
technical matter within the scope of technical collaboration terms
stipulated in Glauses
Nypro Inc. (USA) and had thereunder obtained technical know-how, technical information and technical assistance from the foreign company for setting up in India ... supra) the services of technical know-how, technical information, personnel instructions and training, rendered to the assessee by their foreign collaborator against payment
been
paid on products which are not specifically mentioned in the Technical
Collaboration Agreement entered between the parties "Honda Motors,
Japan ... issue whether the
royalty paid and the technical guidance fee paid in terms of the Technical
Collaboration Agreement are in the capital field
such
products manufactured and sold using such technical knowhow and trademarks to DICAP.
This technical collaboration agreement was entered into on 1st July 2008 having ... revenue of the products manufactured and sold
using such technical knowhow and trademarks. This technical collaboration agreement was
originally entered into
which it requires
technical know-how, training and skill from assessee. As per the
terms of the technical collaboration agreement, know-how shall
mean, documentation ... make available technical knowledge, experience, skill, know-
how or processes or consist of the development and transfer of
a technical plan or technical design which
Nypro Inc. (USA) and had, thereunder, obtained technical know-how, technical information and technical assistance from the foreign company for setting up in India ... services of 'technical know-how, technical information, personnel instructions and training', rendered to the assessee by their foreign collaborator against payment
Shri D.M. Atodaria. He had stated that their unit had technical collaboration with "Advani Oerlikon Ltd., Bombay", who had permitted the unit ... balance sheet and profit and loss account. The fact of technical collaboration with M/s. Advani Oerlikon Ltd., Bombay was also well known and that
technical royalty and technical services are
different, hence, no disallowance should be made. However, the TPO
reproduced some provisions of Technical Collaboration Agreement ... above that in view of TPO/DRP payment of technical services
covered by Technical Collaboration Agreement (TCA) with AEs, after
including payment of technical services
Foreign
Exchange Management (Current Account Transactions) Rules,
2000, any remittance under technical collaboration agreement to
the extent of 5% on local sales ... assessee is at arm's length. The Technical Collaboration
Agreement stands approved by the Government of India. The
royalty payment has been accepted
